You are here

Luxury goods market heading for weakest growth since Lehman crash

Paris

THE global market for personal luxury goods is heading for its weakest year of expansion since 2009 as a combination of stock market turmoil, a strong US dollar and a commodity price rout curb demand.

Sales of items such as designer dresses and shoes will rise as little as

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom