Luxury industry faces first major slowdown in 15 years (excluding the pandemic period)

Luxury industry is being heavily impacted by faltering economies, trade wars, geopolitical tensions, market volatility. These factors are undermining the confidence of luxury goods consumers on a global scale, with a strong impact on luxury brands’ sales. According to the […]

Jun 19, 2025 - 20:50
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Luxury industry faces first major slowdown in 15 years (excluding the pandemic period)
Luxury industry is being heavily impacted by faltering economies, trade wars, geopolitical tensions, market volatility. These factors are undermining the confidence of luxury goods consumers on a global scale, with a strong impact on luxury brands’ sales. According to the […]