ECCIA news and archive

The 520-billion-euro plan: Europe's luxury industry wants to lure wealthy tourists

Europe is the most visited region in the world, accounting for 51 percent of global international arrivals. Many of these visitors (especially from China and the USA) are “big spenders” and are not willing to skimp on food, accommodation or luxury. Accordingly, major luxury brands have already returned to or even surpassed pre-pandemic levels in...

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Management

Brexit won't mute the voice of British luxury brands

On Friday, at 11pm UK time, Brexit will be official. After four years of debate, anxiety and a general election, Friday 31st January is Brexit day. For luxury brands and fashion exporters it will be a year of transition before trading terms and conditions become clear. One thing remains certain, Europe is a vital partner for British luxury as...

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Fashion

Luxury brands can enforce selective distribution

Luxury brands can exercise full control of where there products are sold online, with an EU court ruling brands have the right to block retailers from selling goods in online marketplaces which do not preserve the ethos and quality of luxury products. In a landmark judgment by the European Court of Justice, European luxury brands can control...