Study says global luxury goods market will shrink in 2025

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 ...
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 ...
Cyprus Mail8m
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 ...
The Australian Financial Review23m
Cettire suffers from soft trade in luxury goods
Cettire founder Dean Mintz will sustain sharp promotions to attract shoppers in the busiest spending months of the retail ...
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 ...
City A.M.18h
Do luxury products have a pricing problem?
According to HSBC, the average price of personal luxury goods in Europe has increased by an eye-watering 52 per cent ...
Business Times19h
Global luxury sales to fall 2% in 2024, among weakest years on record: Bain
SALES of personal luxury goods are set to fall 2 per cent this year, making it one of the weakest on record, with price hikes and economic uncertainty shrinking the industry’s customer base, ...
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High value and designer goods seized by CAB from suspected gangsters to be auctioned off
Up to 130 high-value luxury and designer goods, seized by the Criminal Assets Bureau from suspected gangsters, are to be ...