Is Latour changing its strategy ?

23-Sep-2014


Is Latour changing its strategy ?

Luxury goods houses across the industry are shifting uncomfortably in their seats right now. Gucci, Hermès, Louis Vuitton, Prada are all reporting disappointing financial results after dramatic slowing down of sales in China, where the luxury goods market barely budged last year – growing 3% in 2013 compared to 30% in 2011.

See full article here (decanterchina.com)