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Europe's luxury retailers appear to be back with emphatic bang

Sector gaining from recovery in Chinese consumer spending, Europe's tourism sector, and catering to millennial tastes

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The success of European luxury giants such as Louis Vuitton stands in contrast to their US rivals; the fall 2016 Gucci fashion show during Milan Fashion Week (above).

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The success of European luxury giants such as Louis Vuitton (above) stands in contrast to their US rivals; the fall 2016 Gucci fashion show during Milan Fashion Week.

London

ON London's Bond Street, home to some of the most expensive retail space in the world, only one store needs to instigate crowd control, the luxury brand of the moment: the Italian fashion and accessories powerhouse Gucci.

By mid-morning on a wet and windy British midsummer

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