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Luxury Sales Continue To Improve

luxury-sales-are-up-230-million-for-harrods.jpg

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.]

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Dec 22, 2010 10:00am PDT