Industry

Luxury

The Luxury industry caters to the production, marketing, and sale of high-quality and exclusive products and services that are associated with luxury, prestige, and superior craftsmanship. It represents a sector that appeals to discerning customers seeking unique and premium experiences.

In this industry, luxury brands and designers create and showcase products across various categories, including fashion, accessories, jewelry, watches, cosmetics, automobiles, hospitality, and travel.

Luxury brands focus on delivering exceptional quality, exquisite design, and unparalleled customer service. They cultivate a sense of exclusivity and status, targeting affluent consumers who value craftsmanship, heritage, and sophistication.

Moreover, the Luxury industry is characterized by meticulous attention to detail, limited production quantities, and high price points. It encompasses a world of elegance, prestige, and aspirational lifestyles, appealing to individuals who seek the epitome of refinement and indulgence.

Industry

Companies (23 Companies)

Company Country Intention Progress
Zegna Group Suspended Activity New Business Halt
Chanel Exited Russia Suspended All Operations
Tom Ford Exited Russia Pausing Investments
Clarins Staying Continue Operations
Dessange International Staying Continue Operations
Herend Staying Continue Operations
CAPRI Holdings (Versace, Michael Kors, Jimmy Cho) Holding in Russia Scaling Back Operations
Signet Jewelers Holding in Russia Scaling Back Operations
Valentino Holding in Russia Scaling Back Operations
Burberry Suspended Activity Suspended All Operations
Canada Goose Suspended Activity Suspended All Operations
Chopard Suspended Activity Suspended All Operations
Ferragamo Suspended Activity Suspended All Operations
Hermes Suspended Activity Suspended All Operations
Kering Suspended Activity Exit Completed
LladrĂ³ Suspended Activity Suspended All Operations
Manolo Blahnik Suspended Activity New Business Halt
Moncler Suspended Activity Suspended All Operations
Prada Suspended Activity Suspended All Operations
Richemont Suspended Activity Suspended All Operations
Rolex Suspended Activity Suspended All Operations
Swarovski Suspended Activity Suspended All Operations
Tous Suspended Activity Exit Completed
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