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Luxury sales are flattening amid a self-inflicted creativity crisis and price hikes, study findsFlat global luxury sales forecasts follow a pent-up post-pandemic spending surge that pushed sales during the 2021-23 period up 24% over 2019 levels. Last year, sales of personal luxury goods grew ...
Shifting attitudes toward luxury have created an opening for newer, more agile and culturally relevant brands to make inroads ...
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Global sales of personal luxury goods are ”slowing down but not collapsing,” according to a Bain & Co. consultancy study ...
Luxury consumers, disillusioned by recent price hikes and stagnant creativity, are pulling back on purchases, leading to a 5% ...
Noting that the personal luxury goods sales eroded to USD 419 billion in 2024, a study by Bain and Co consultancy noted that ...
Global sales of luxury personal goods - spanning clothing, accessories and beauty products - are expected to be flat at constant exchange rates during the holiday season, with China's performance ...
Nearly 400,000 Americans became millionaires last year to reach a total of 24 million, accounting for some 40% of the world’s ...
Flat global luxury sales forecasts follow a pent-up post-pandemic spending surge that pushed sales during the 2021-23 period up 24% over 2019 levels. Last year, sales of personal luxury goods grew ...
Global sales of luxury personal goods - spanning clothing, accessories and beauty products - are expected to be flat at constant exchange rates during the holiday season, with China's performance ...
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