New stages of lux

18 : 01 : 2009 Louis Vuitton : Bain & Company : Luxury Institute

As Louis Vuitton cancels plans to open yet another department store in Tokyo and other brands follow suit, it is time to access the changing nature of the luxury goods sector. Overall growth is slowing, and for 2009, it is set to slow substantially, according to the latest figures from Bain & Company, a consultancy that specialises in tracking changing in this sector.

New stages of lux

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