Featured Content

|

Kommersant

China is not a gold-mine anymore

A new study of luxury goods market conducted by the Boston Consulting Group together with Bernstein, says that in the world centers of luxury market - New York, London and Paris - a high concentration of stores will remain. However, luxury brands have an urgent need to review the effectiveness of the existing network of stores because of the impact of e-commerce, especially in Asia. The Russian retail market in this segment has stabilized, overall growth has slowed.

Kommersant
In the News