Patek Philippe

The impact of COVID-19 on luxury segment

Smita Jain - September 30, 2020

The novel Coronavirus has dramatically changed things overnight. The pandemic has presented a paradigm shift in consumer behaviour, whether it is with regards to the daily lifestyle or spending on luxurious goods. COVID-19 has slashed revenues to half for...

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The company's retail network now spans over 1,850 stores, including over 500 franchise stores, and 650 plus sneaker studios.New...

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