The pandemic has forced luxury goods companies to use social media, video and virtual showrooms to woo their wealthy customers in Europe when tourists, especially from China, have been absent for more than a year.
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384 published items with the word (s) or phrase Bain in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Luxury goods retailers turn to social media for distribution")
Luxury goods retailers turn to social media for distribution -
![]( "Prada's CEO sees 2021 sales growing to 2.9-3.1 billion euros")
Prada's CEO sees 2021 sales growing to 2.9-3.1 billion eurosItalian fashion group Prada expects revenues to grow to 2.9-3.1 billion euros this year after a pandemic-driven fall to 2.42 billion euros in 2020, CEO Patrizio Bertelli said on Thursday.
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![]( "Virtual front rows as New York kicks off digital fashion shows")
Virtual front rows as New York kicks off digital fashion showsFashionistas will be turning to their screens to see the latest designer trends this fashion week as the traditional autumn/winter catwalk calendar kicks off virtually in New York on Sunday.
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![]( "Diamonds forecast to regain pre-pandemic sparkle in 2022-2024")
Diamonds forecast to regain pre-pandemic sparkle in 2022-2024Diamond jewellery demand will recover to pre-pandemic levels between 2022 and 2024, with China leading the way, a report commissioned by the Antwerp World Diamond Centre predicted.
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![]( "Valentino hires Visa executive to boost digital strategy")
Valentino hires Visa executive to boost digital strategyItalian fashion group Valentino has named a former Visa executive to a newly created role as chief of customer relations and digital to help the brand attract more online business.
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![]( "China almost doubles luxury share in 2020, says Bain and Tmall report")
China almost doubles luxury share in 2020, says Bain and Tmall reportThis year has increased the importance of Chinese consumers to the luxury sector as the overall market has shrunk while China’s purchases have surged. And there's more to come in the next few years too.
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![]( "Moncler bets on twentysomethings, Chinese shoppers for post-virus recovery")
Moncler bets on twentysomethings, Chinese shoppers for post-virus recoveryLuxury puffer jacket maker Moncler is betting heavily on younger consumers and the Chinese market to help sales bounce back from the coronavirus crisis, its boss said, seeing scope for a recovery in late 2021.
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![]( "China to account for over 60% of world luxury market in short term")
China to account for over 60% of world luxury market in short termSince the pandemic’s outbreak, luxury sales in China have boomed, accounting for up to 80% of the global market in 2020. A position that will stay dominant for years to come, according to Jefferies and Bain & Company.
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![]( "Gucci's evolution from aspirational label to inspirational brand")
Gucci's evolution from aspirational label to inspirational brandFaced with consumers who are increasingly demanding in terms of brand values, luxury labels are undergoing a sea change, extending their vision beyond products. Gucci more than others, through its unique initiatives.
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![]( "Luxury industry challenged by disruptive surge of young clientèle")
Luxury industry challenged by disruptive surge of young clientèleGen Z and Millennial consumers will account for two thirds of the luxury market in 2025, forcing labels to adapt their strategies to their young clientèle’s “activist” vision, said the latest study by Bain & Co.