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Luxury Sales Continue To Improve
12/22/2010 10:00 AM ET | Filed under: Anglophilia • Fashion Smashion • Business Blitz • LVMH • Chanel • Christian Dior • Lanvin
2010 is proving to be a great year for luxury sales.
Like Selfridges, UK department store Harrods says their figures are up way up compared to last year.
Managing director Michael Ward boasts:
"This year has been the year of the French fashion brands. Chanel is doing phenomenally well. And then Louis Vuitton, Dior, Lanvin - all the big, beautiful brands."
Thanks to these posh brands, Harrods annual sales have grown to over $1.5 billion, which is $230 million more than 2009.
Wowsa!
[Image via Abaca USA.]
Tags: 2010 sales, french brands, french labels, harrods, increase sales, luxury sales, selfridges
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