According to the annual EY study, sales of luxury and cosmetic goods are expected to reach 541 billion euros in 2022, up almost 20 percent from 2018.
According to an EY study, quality, heritage and premium retail locations are no longer enough to compete in the luxury arena, where consumers increasingly seek for “sexiness” in a product.
According to an EY study, the premium labels’ acceleration will be boosted by the price increase of luxury products, customers’ different approach to purchases and the rise of the urban middle-class population.
The consulting firm assigned the annual prize at its 21st edition to entrepreneurs contributing to the growth of the Italian economy.
Generation Z, the teens and tweens coming of age today, are not just another Millennial story.