Richemont, the world’s second-biggest luxury firm, bets on digital - Bain & Company

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The Economist

Richemont, the world’s second-biggest luxury firm, bets on digital

  • January 25, 2018
  • min read

The Economist

Richemont, the world’s second-biggest luxury firm, bets on digital

Online sales of personal luxury goods have continued to rise: they now account for 9% of total sales. Bain & Company predicts that they will reach 25% by 2025. Claudia D’Arpizio, a partner with Bain, suggests that Amazon could eventually disrupt the luxury market, too.

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