CHECKOUT COUNTER: Amazon starts new
chapter | Luxury spending | Montblanc | PepsiCo
1. Amazon starts new chapter in New York Amazon’s first New York City bookstore opened last week, marking another major move by "the great disrupter" into bricks-and-mortar retail. The Columbus Circle Amazon Books store boasts more than 3,000 titles, as well as Amazon tech products like the Echo and Kindle. It is one of two stores planned for the city. The first Amazon Books store opened in Seattle in late 2015. 2. Luxury spending back in style, says report British and Spanish tourism, and Chinese domestic consumption will lead a rebound in European luxury spending this year, Bain & Co said in a report this week. The consultancy and Italian luxury industry association Altagamma estimate a global personal luxury goods market of €254bn-€259bn in 2017, assuming constant exchange rates, up 2%-4% from €249bn last year. 3. Montblanc keeping time with technology Luxury watchmaker Montblanc’s Summit line of Android Wear 2.0 smartwatches has launched with five different models. Developed in ...
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