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Nov 18, 2024 · bain reports the luxury goods market retreated 2% in 2024. While recovery is expected next year, evidence in this year's data suggests headwinds will continue in 2025. 4 days ago · the luxury industry is looking to the buoyant us market to spur growth in 2025 after a testing year for the sector, which is still grappling with the retrenchment of chinese.
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Surging prices spark consumer doubts on social media: Is luxury still worth it? Jan 13, 2025 · now, as we step into 2025, the luxury industry is facing a significant slowdown that has hit even top brands hard, not dissimilar to what the broader fashion industry is.
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