Today, BoF can exclusively share the findings of a new report by Euromonitor International, indicating that, in 2013, luxury goods sales will exceed $318 billion worldwide, representing a year-on-year real value gain of 3 percent, driven by emerging markets and ‘affordable luxury’ brands.
In the next instalment of Market GPS, BoF examines Kazakhstan, the undisputed goliath of Central Asia.
The Philippines has long been overshadowed by its larger neighbours and underestimated by international fashion brands. Now the country is reporting faster economic growth than China. BoF reports.
Pierre Bergé: “Yves died at the right time” (The Talks) “I didn’t know very much about fashion at that time. I was a very close friend of Christian’s and of some other haute couture masters like Balenciaga, but for me fashion was not an art. In my eyes, it was just something to make money.” Billabong surfwear shares crash (Telegraph) “Shares in Billabong, the Australian surfwear company crashed by 36pc