Bain, Altagamma Study Sees Luxury Growth Slowing Down
MILAN – Global luxury spending is expected to reach sales of nearly 1.5 trillion euros in 2024, according to the Altagamma-Bain Worldwide Luxury Market Monitor 2024 presented in Milan on Wednesday. Compared with 2023, the decrease is 2 percent, but at constant exchange rates, it represents a decrease of 1 percent and a gain of 1 percent. “Uncertainty is … Read more