Luxury brands and retailers expect more turbulence in 2024
With wars grinding in Ukraine and the Middle East, and a record number of countries holding elections in 2024, consumers are, understandably anxious, and more…
Tag: business
Luxury retail could slow down in 2024
Following years of growth, the luxury industry might face a slowdown, according to RBC Capital Markets. LVMH’s stock price falling -7% following its quarterly results, its biggest…
Personal luxury goods market to reach 360-380 billion in euros by 2025
The personal luxury goods market is exhibiting an impressive rebound, according to new data from Bain & Company. With fuel from a successful 2021 holiday shopping season,…