Gross margins for luxury companies typically hover around 65 percent — that sounds like a lot, but it's what shareholders now expect. (businessoffashion.com)
Clothing designer Burberry, Britain's largest luxury company, could end up being a beneficiary, along with many other major European brands found in the U.K. (usfunds.com)
It also taught Luis that he'd have a greater chance of reaching the top at an American luxury company, since family ownership at European conglomerates limited upward mobility. (fortune.com)