While some makers of luxury goods, including handbags, have experienced declining sales due to economic slowdowns in China and Europe, others are growing. Prada saw declining sales in 2013 in important markets, including China and Italy. Unfavorable exchange rates also played a role in the fall in sales, especially in the third quarter of fiscal […]

While sales of luxury clothing are slowing down in many countries, spending on Italian handbags and shoes is increasing among members of the middle class in many emerging economies. Accessories are expected to continue to be a driving force in the growth of the international fashion market in the future. Furla is experiencing its most […]

Furla, the Bologna, Italy-based company known around the world for its line of luxury handbags, is expanding into the realm of accessories. The company plans to add eyewear, footwear, jewelry, and watches to its product line. Its executives hope to create a lifestyle brand to appeal to a wider audience. Furla is not planning to […]

The makers of luxury clothing, accessories, cosmetics, and perfumes are expanding their reach internationally by targeting travelers. Many of the industry’s leading companies, such as Christian Dior, Louis Vuitton, Hermes, Chanel, and L’Oreal, have opened boutiques in airports and on cruise shops around the world to appeal to tourists, particularly those from Asia, who are […]