The luxury goods market is facing a significant downturn, with sales of personal luxury items projected to fall by 2% in 2024. This anticipated decline marks one of the weakest performances in recent years, driven largely by rising prices and economic uncertainties that have diminished the industry’s customer base, particularly in China, according to Bain […]
Tag: #LuxuryMarket #EconomicTrends #BainReport #ConsumerBehavior #LuxurySales下降
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