Research delivers insight into the luxury goods market industry will make a huge impact in near future in worldwide market

Uncertain economic situations are some of the major factors that could hamper the market growth. The 2007-2009 economic slowdown had a negative effect on the sales of luxury goods, globally. Currency fluctuations and less number of brand outlets in developing regions could be the market restraining factors. Research Beam added report on “World Luxury Goods … Read more Research delivers insight into the luxury goods market industry will make a huge impact in near future in worldwide market

Luxury Goods Market, 2014-2020: Segmented by Luxury cars, apparels and leather goods ,fragrances and others

The demand of luxury goods is increasing due to rising disposable income. The products which are not essential to survive but which make life more pleasant for consumer are called as luxury goods. Luxury goods are also called as superior goods. The growth of luxury goods market is directly proportional to the income elasticity. The … Read more Luxury Goods Market, 2014-2020: Segmented by Luxury cars, apparels and leather goods ,fragrances and others

US ban on Myanmar goods lifted by Executive Order

In light of the recent lift of the US ban on gemstones and jade from Myanmar, the Burma Ruby Task Force said it will continue to work with industry stakeholders and government representatives to help develop a transparent supply chain that is viable for Myanmar as well as the industry as a whole. The task force, … Read more US ban on Myanmar goods lifted by Executive Order