10 reports

Luxury Portable Consumer Electronics in Russia

23 pages • By Euromonitor International

Luxury portable consumer electronics continued to experience a downwards trends in 2016. Previously highly associated with social status and the possibility to demonstrate wealth, the main brands and products in luxury portable consumer electronics, such as Vertu mobile phones, started to lose out to their much more technologically advanced...

550 627 413
Nov 2016

Luxury Eyewear in Russia

26 pages • By Euromonitor International

After a major decline in 2015, luxury eyewear showed the first signs of stabilisation in 2016. Luxury eyewear was one of the most popular luxury products amongst middle-class consumers during the pre-crisis period. Eyewear, especially spectacle frames, is associated not only with style, but also with health concerns by consumers. On this basis...

550 627 413
Nov 2016

Luxury Timepieces in Russia

26 pages • By Euromonitor International

Luxury timepieces are regarded as an indicator of social status and a safe investment in Russia. However, due to continuing economic recession and the depreciation of incomes, some consumers, mainly the middle-classes, limited their purchases or switched to less expensive goods. Luxury timepieces, together with luxury jewellery and leather...

550 627 413
Nov 2016

Luxury Writing Instruments and Stationery in Russia

22 pages • By Euromonitor International

Luxury writing instruments and stationery is highly dependent on the general business environment in the country. Together with falling general business activity in Russia, sales of luxury writing instruments also declined in 2016. Luxury writing instruments are very popular for business presents in Russia, and therefore sales fell as the...

550 627 413
Nov 2016

Luxury Leather Goods in Russia

25 pages • By Euromonitor International

Luxury leather goods can be regarded as winning products in luxury goods in Russia in 2016. Although the purchasing power of Russians decreased in this year, sales of leather bags with conspicuous labels of luxury brands increased. Alongside decreasing disposable incomes in Russia, consumer demand shifted to smaller and more casual bags.Euromonitor...

550 627 413
Nov 2016

Super Premium Beauty and Personal Care in Russia

29 pages • By Euromonitor International

Super premium beauty and personal care continued to experience changes in 2016, with some middle-class consumers shifting to lower-priced products due to the decrease in their purchasing power. In general, consumers are less keen to make compromises regarding their skin health and beauty. Therefore, some middle-class consumers who did not...

550 627 413
Nov 2016

Luxury Electronic Gadgets in Russia

17 pages • By Euromonitor International

The slower performance by luxury electronic gadgets in 2015 could be attributed to the increasing popularity of the latest series of high-technology electronic devices such as iPhones, Samsung Galaxy smartphones and Apple Watch among HNWIs. Affluent consumers used to order expensive bespoke covers made of precious stones and metal for their...

550 627 413
Dec 2015

Luxury Accessories in Russia

20 pages • By Euromonitor International

The overall negative economic situation in the country with devaluation of national currency in 2014 and 2015 had an adverse effect on sales of luxury accessories. In addition, sales continued to suffer from the sheer number of counterfeit products mainly imported from abroad. Counterfeiting is more typical for luxury sun glasses, luxury...

550 627 413
Dec 2015

Boucheron SAS in Luxury Goods (Russia)

3 pages • By Euromonitor International

Boucheron’s goal is to further strengthen its leading position in Russian luxury goods. The future plans and expected direction of the company include promotion of leading brands to increase sales and revenues, focusing marketing efforts on major brands.Euromonitor International Local Company Profiles are a concise set of briefings...

115 131 86
Dec 2015

Luxury Travel Goods in Russia

25 pages • By Euromonitor International

The key event in luxury travel goods in 2014 was visa restrictions from the side of a number of EU countries, the US and Canada against various Russian wealthy individuals, supporting Russian policy in respect to the Crimea takeover. Additionally to the Ukrainian crisis, the overall economic development slowdown impacted tourist flows decline...

530 604 398
Mar 2015