Global Market Rout Darkens Outlook for European Luxury Labels

One Wall Street analyst now expects global sales of luxury goods to fall by as much as 2 percent this year, marking the industry’s longest downturn in over two decades.

Apr 8, 2025 - 15:05
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Global Market Rout Darkens Outlook for European Luxury Labels
One Wall Street analyst now expects global sales of luxury goods to fall by as much as 2 percent this year, marking the industry’s longest downturn in over two decades.