Is the luxury sector recession-proof?

H byword for exclusivity. Its signature Birkin bag, one of which sold for $450,000 last year, cannot be bought from the luxury firm’s website or by simply walking into a store. There are neither ads in fashion magazines nor glossy campaigns on Instagram. For the not-so-famous, owning a Birkin can…#birkin #hermès #kering #balenciaga #richemont #cartier #ralphlauren #estéelauder #sinowestern #africa
Source: Reuters: Health - Category: Consumer Health News Source Type: news