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How Montblanc is countering the economic fallout of the pandemic – Emirates Woman

Annual results: Richemont rides the luxury goods wave a

If ever it was clear that the luxury goods market is made or broken by consumer sentiment and psychology, now is the time to see that. Recent results from Richemont, among others, show that wealthy consumers are out and about, and happy to spend their cash again.

Global personal luxury goods market on track for recovery: Bain

If current market dynamics persist, luxury could return to 2019 levels as of this year By: Diamond World News Service | | Reference: 25606    Following a turbulent year, the luxury market has started its path towards recovery. The industry returned to growth in the first quarter of 2021, growing by 0-1% versus 2019, which is viewed by the industry as the last comparable year.  China continues to drive the recovery while the United States unexpectedly rebounded. The acceleration of this key region is one of several new trends of note, along with the importance of a human touch alongside digital interactions and the increasing presence of brands in the secondhand market. 

How Montblanc is countering the economic fallout of the pandemic

How Montblanc is countering the economic fallout of the pandemic
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