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ILM reports that retail comparable store sales for the British fashion brand declined 9% as planned reductions in markdown and reduced tourist traffic in outlets are reported to have offset high single-digit full-price sales growth. (Editor´s Note: this is a good performance considering retail disruption due to the pandemic)
Sales of luxury goods in China increased 48% in 2020 to CNY346 billion (US $53.5 billion), with leather goods performing particularly well, reports ILM.
Volvo Cars sales grew 4.8% in September, driven by double digit sales increases in China and the U.S, reports ILM.
Since the reopening of the shops in China, sales of the Italian luxury fashion brand have surpassed the figures recorded in 2019, according to Reuters and as reported by ILM.
Our fantastic Informa Markets Engineering team have launched a new two-part webinar series, aimed at teaching companies how they can successfully showcase their products and services through virtual exhibiting.
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