ECGI Holdings Inc. (ECGI) Makes Good Use of Luxury Equestrian Market to Additionally Grow Its Expanding Customer Base
ECGI Holdings is targeting a share of the growing luxury goods market by designing, manufacturing, and selling luxury equestrian apparel and equipment through its subsidiary Pacific Saddlery The company sees the utilization of smaller focused markets as a proven entrance pathway to much larger general luxury markets Bain & Company valued the global luxury goods market at €362 billion ($395.4 billion) in 2023 and expects this market to grow to between €540 billion ($589.8 billion) and €580 billion ($633.5 billion) by 2030 ECGI Holdings and Pacific Saddlery are using celebrated brands like Hermès, Gucci, and Ralph Lauren as a template…