Global luxury market crosses $1.1 trillion milestone in 2015: Bain & Company

The worldwide luxury markets, as tracked by Bain & Company, collectively surpassed the US $1.1 trillion (EUR 1 trillion) in sales milestone in 2015, the global management consultancy firm said. Personal luxury goods, including jewellery, climbed to above US $275.6 billion (EUR 250 billion). The US $1.1 trillion mark represents a 5 per cent year-on-year growth,....Read More