Brazil shines for some luxury goods makers

Brazil shines for some luxury goods makers

It can be challenging for a retail manufacturer to break into foreign markets, particularly when draconian import duties lead to price inflation and frustrate the growth of the retailer’s brand. Penetrating new geographies can be especially challenging for the luxury goods seller, as a key attraction for luxury consumers may involve where a product is

European brands court Chinese consumers

European brands court Chinese consumers

Since the mid 2000s, the rise of the Chinese consumer has transformed global luxury markets, opening new horizons for European companies. The challenge is to harness the buying power of China’s rapidly growing upper-middle and more affluent classes.