The luxury market has been on a downward spiral over the last few years, facing one of its worst slumps since the Great ...
“These groups fall more into the aspirational customer segment for luxury brands, meaning that they might not be frequent ...
a sign luxury retail could rebound this year after years of contraction. European luxury companies Burberry and Cartier-owner Richemont also had better-than-expected quarters at the end of 2024.
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