Personal luxury goods are expected to post an average annual growth of 3 to 5 percent at constant exchange, according to the Bain & Co. Luxury Goods Worldwide Market Study released on Thursday with Altagamma.
In a company with many high-profile collaborators, a brand manages to shine.
Revenues rose 8.3 percent in the first nine months and the entrepreneur was upbeat about the rest of the year and 2019.
Vera Wang, Olivier Rousteing, Anna Sui and Maye Musk are among this year’s honorees.
The company grew in all channels and markets, led by China, which sees no sign of a slowdown.
The Valentino designer talked finding passion in life while celebrating the launch of the Moncler Pierpaolo Piccioli Collection in New York.
Archive has acquired 49 percent of the Italian women’s wear brand.
The store, along with similar ones in London, New York and Los Angeles, will sell the Genius collections exclusively.