Lagardère Travel Retail Reports 60% Drop In Global Revenues, but China Outperforms The impact of the global pandemic on the retail industry has been profound, with many companies experiencing significant losses in revenue. Lagardère Travel Retail, a French travel retailer known for its partnerships with luxury brands such as Bottega Veneta, Gucci, and Tiffany, recently […]
Are Indian Tourists Luxury’s Next Big Opportunity?
Are Indian Tourists Luxury’s Next Big Opportunity? In recent years, there has been a noticeable shift in the travel patterns of Indian tourists. More and more Indians are choosing to travel to international destinations with a specific focus on shopping for luxury goods. This trend presents a significant opportunity for luxury brands around the world. […]