Luxury Goods Market: Trends, Financial Performance and Future Perspective
The luxury goods market is navigating a turbulent period, marked by slumping sales and shifting consumer preferences. Despite companies like LVMH and Kering seeing sharp declines, brands such as Hermès continue to thrive, capitalising on emerging trends, including “quiet luxury.” Nevertheless, the outlook remains optimistic, with projected growth driven by younger generations and a potential…
Leave a Reply