Luxury
Global luxury spending to reach $1.6t in 2024
Global luxury spending is projected to reach nearly $1.6t (€1.5t) in 2024, showing little change from 2023, with growth expected to be between -1% and 1%, according to Bain & Company’s latest report, in partnership with Altagamma. The personal luxury goods market is experiencing its first slowdown since the Great…
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