Altagamma news and archive

China’s rebound and Middle East’s rise to drive luxury market next year

While the luxury market remained fairly consistent throughout the course of the pandemic, the sector is still set to embark on a notable increase as consumers from various regions up their spending. This is according to the ninth edition of the Altagamma Consumer and Retail Insight, a Milan-based event hosted by Altagamma chairman Mattero...

Business

Global luxury goods market expected to grow 8 percent in 2018

The global personal luxury goods market is expected to grow 6 to 8 percent in 2018, according to a report by market monitor Altagamma and management consulting firm Bain & Company. Leather accessories and jewelry are the product categories expected to grow the most (7 percent), while apparel is expected to grow at a slower rate, at 4 percent....