Cartier

You are browsing the archives of "Cartier."

Crisis taking the shine out of luxury

Crisis taking the shine out of luxury

Chanel fashion’s decision to call off a prestigious but costly global art show is the latest sign that even the shine of the luxury industry is beginning to wear thin due to the crisis.
While big profits are still on the cards for the luxury sector in the months ahead, global sales are down, prices stagnating, [...]