FRANCE LUXURY CLOTHING MARKET FIGHTS THROUGH TOUGH TIMES
September 1st, 2009
BY ALAN OSBORN and GEORGINA OLIVER
ACCORDING to Jean Castarède, author of a lay-reader's guide to the luxury industry published in 2008 in the popular 'Que sais-je?' (What do I know?) paperback series, France's couture and high-end ready-to-wear sector then represented one third of the world's Euro 30 billion luxury fashion market. The same applies to top-of-the-range leather luggage and accessories, which continue to rely on celebrity-endorsed 'It bags' bearing the Chanel, Christian Dior, Hermès, Yves Saint Laurent or Jérôme Dreyfuss imprimatur to weather ...
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