Luxury Goods Market to Become a US $374.85 Bn Industry by 2020 End, Says TMR
The key players within the global luxury goods market are The L'Oréal Group, Hermes International S.A., Rolex S.A., LVMH, Coty, Inc., Prada S.p.A., Tiffany & Company, Richemont, and Kering Group. These players are competing with each other by trying to develop one-to-one relationships with younger generations, tourists, and local consumers.
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