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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
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 ...
2h
on MSN
Oliver Wyman: Chinese Tourists to Curb Luxury Spending in 2025
A recent Oliver Wyman survey found that Chinese travelers are not only spending less on luxury goods, but also turning to ...
brandequity.economictimes.indiatimes
8h
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 ...
Cyprus Mail
11h
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 ...
11h
Cettire suffers from soft trade in luxury goods
CEO Dean Mintz says more of the online luxury platform’s margin has been passed on to consumers in hefty promotions.
2h
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 ...
MoneyWeek
2h
Burberry reveals turnaround plan – should you invest in luxury stocks?
Burberry unveiled a new strategy this morning after reporting a pre-tax loss of £80 million. Will the stock come back into ...
Hosted on MSN
1d
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 ...
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