New luxury store openings slow down in Europe

Three of the world’s largest luxury conglomerates opened just 29 stores in Europe last year, down 20% on 2023 in the latest evidence of a slowdown in the sector. LVMH, which owns Christian Dior and Tiffany & Co., opened 15 stores ahead of Richemont at […]

Mar 7, 2025 - 19:20
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New luxury store openings slow down in Europe
Three of the world’s largest luxury conglomerates opened just 29 stores in Europe last year, down 20% on 2023 in the latest evidence of a slowdown in the sector. LVMH, which owns Christian Dior and Tiffany & Co., opened 15 stores ahead of Richemont at […]