Business Leaders

Philippe de Vilmorin - The Challenges Facing the Luxury Industry: Balancing Emotion with Rationale

Luxury Industry: Throughout their history, handbags have gradually grown in size. While early handbags were primarily small items that were designed to carry coins, as the decades have passed, handbags have become bigger, reaching sometimes the current outsized extremes flouted by luxury houses at a very hefty price tag. The most expensive handbags have become highly desirable items that are coveted like expensive cars.

March 11, 2019