Luxury sector facing first major slowdown in 15 years excluding the pandemic period

Bain & Co.'s report for Altagamma forecasts a 2%-5% revenue slump for the luxury sector in 2025, with China, the USA and Europe still stuttering, consumer confidence waning, and continuing economic disruption.

Jun 19, 2025 - 17:55
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Luxury sector facing first major slowdown in 15 years excluding the pandemic period
Bain & Co.'s report for Altagamma forecasts a 2%-5% revenue slump for the luxury sector in 2025, with China, the USA and Europe still stuttering, consumer confidence waning, and continuing economic disruption.