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Europe’s residents and tourists buy 34 percent of the world’s luxury goods, according to Bain, making the region the single biggest battleground for high-end brands.cheap mcm purse “I like the new style they have. The forward-looking statements contained in this press release are based on assumptions that each company has made in light of management’s experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors that it believes are appropriate under the circumstances.16 billion.3 billion, makes watches and other accessories under its own brand but also licenses brands including MCM and Tory Burch. [mcm wallet for sale] 19% rose 1.
All information is current as of the date of herein and is subject to change without notice. mcm hat 2% and licensing fees jumped by 59%. The European luxury-goods industry, meanwhile, grew just 2 percent last year, slowing from a 5 percent rate in 2012, according to Bain & Co. “We believe (Coach’s) market share losses haven’t yet stabilized,” she said, adding she estimated same-store sales to decline 16%, worse than a consensus estimate of a 15% drop. [mcm hat] 3 billion.