Luxury goods sector to decline 2% in 2025 amid tariff turmoil (Bernstein)
In the wake of the Trump administration’s tariffs and “looming stagflation,” Bernstein on Monday cut its 2025 growth estimate for global luxury goods to minus 2 percent from up 5 percent. “Uncertainty, and the likely continuing rout in stock markets, is creating […]
In the wake of the Trump administration’s tariffs and “looming stagflation,” Bernstein on Monday cut its 2025 growth estimate for global luxury goods to minus 2 percent from up 5 percent. “Uncertainty, and the likely continuing rout in stock markets, is creating […]
