Luxury sector faces more gloom as Bain & Company cuts sales forecast
Bain & Company now expects global luxury sales to fall 2–5% in 2025, reversing its earlier growth forecast, as rising prices, economic uncertainty, and weaker demand in the U.S. and China weigh on the sector.
Bain & Company now expects global luxury sales to fall 2–5% in 2025, reversing its earlier growth forecast, as rising prices, economic uncertainty, and weaker demand in the U.S. and China weigh on the sector.
