Sentences with phrase «slowing luxury sales»

But shoppers» dependence on the Internet — and slowing luxury sales — has pushed the high - end of the retail market to reconsider diving into digital, according to a recent Morgan Stanley Research report.

Not exact matches

That's the sharpest growth since 2011, when luxury sales started to be hit by slower economic growth and a fierce crackdown on corruption.

This week's big news is that Michael Kors, one of the largest luxury fashion brands, is closing up to 15 % of its retail stores over the next two years, after slow sales and fewer people shopping in - store.

Don't expect sales of these vehicles to slow down any time soon, as people continue to clamor for the vehicles» combination of space, luxury, and utility.

One somewhat disturbing trend is that big luxury sedans, specifically the Mercedes - Benz S - Class, Cadillac CT6, Lincoln Continental, and Audi A8 all were down substantially last month, though the unveiling of Audi's next A8 no doubt contributed to its slower sales.

Jaguar Land Rover will spend about $ 6 billion in the current financial year on new models and technologies as the luxury carmaker looks to spur sales that grew at a slower pace.

The sixth generation model will not be sold in North America due to slow sales, and other than Hyundai's new luxury division, Genesis, the Sonata will become the largest and most expensive sedan Hyundai sells in the US.

Car sales in China have been slowing all year and now the drop in sales is even hitting the luxury segment.

General Motors Corp., citing slow product launches and soft luxury - car sales, slashed another 30,000 vehicles from its fourth - quarter North American production forecast Friday.