The latest study from Bain & Co – Altagamma reports a return to growth for luxury in the first quarter. Will this play out for the entire year or – the more likely option according to Bain – will full recovery be in 2022?
Articles on the subject:
Over 650 artisans from 25 countries feature in a new online searchable guide to European craftsmanship, developed by the Michelangelo Foundation. The platform also has suggestions for master classes, exhibitions and tours, recommendations from personalities in craftsmanship and design, and ideas for immersive experiences across Europe.
The now traditional Bain & Company study, in collaboration with Fondazione Altagamma, forecasts global growth in the luxury market of 4% to 6% this year, to reach between €271 and 276 billion.
The latest study from Bain & Company consulting firm is decidedly optimistic. After stagnation in 2016, normality returns to the overall luxury market which grew by 5% in 2017 to reach an estimated €1.2 trillion globally.
After a 9.5% fall in exports over five months, the Brexit vote makes for an even more uncertain future for Swiss watch brands. Particularly as the UK has weathered a difficult year so far with some tremendous growth.
From June 10th to July 10th, the planet will live and breathe football as Euro 2016 brings together dyed-in-the-wool supporters and new fans won over by the spirit of the game, especially now football has shaken off its downmarket image and is considered a culture in its own right. And who are watchmakers to disagree?
November 27th to 29th in Paris, Belles Montres watch fair opened its doors as part of the Salon de l’Homme. After the attacks on the city, the atmosphere was tense but there was hope of a fresh start and a new dynamic for the show.
In the now lengthy list of watch fairs, Salon QP in London runs the gamut from established names to rising stars. Also on show: new brands, new watches and plenty more to feast the eyes.