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Study says global luxury goods market will shrink in 2025
The global luxury goods market is forecast to shrink in 2025. Trump's tariffs could make it worse
Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 and the COVID-19 pandemic
Personal luxury goods market to shrink for first time since the 2008 financial crash, research finds
The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid period, a new report showed Wednesday.
Global luxury goods market to shrink in 2025
Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain consultancy study released on Wednesday. The outlook could worsen if the sector is hit by tariffs promised by Donald Trump.
1d
Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says
Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with price hikes and ...
1d
Luxury Goods Market Faces First Decline As 50 Million Customers Disappear
Global sales of personal luxury goods are forecast to shrink for the first time since the Great Recession and potential ...
1h
Burglars steal £500,000 worth of luxury goods from London store in four minutes
This is the moment £500,000 worth of designer goods were stolen from a West London store by three men. The video shows them ...
6d
Luxury Hits A Wall. What’s Going On And What’s Next?
But the more your customer base is comprised of the merely affluent—rather than the uber wealthy—and you sell products that are not nearly so strongly coveted (see virtually every accessible luxury ...
4h
China’s luxury market loses shine as Bain study shows spending decline
China’s high-end consumers have had a tighter grip on their wallets this year, with study from Bain & Company showing less ...
1h
on MSN
Half a million pounds of luxury goods stolen from Belgravia store
Sellier's Belgravia shop was broken into with thieves stealing over £500,000 worth of designer goods, including highly ...
Cyprus Mail
13h
Luxury goods market faces rare decline
Sales of personal
luxury goods
are set to fall 2 per cent this year, making it one of the weakest on record, with price ...
brandequity.economictimes.indiatimes
10h
Study says global luxury goods pie will shrink in 2025
Global
luxury goods
sales are projected to decline in 2025 for the first time since the 2008 recession, according to a Bain ...
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