Luxury Market Downtime: The luxury market is facing an unprecedented slump; here’s why! | – Times of India
The luxury market, once a bastion of steady growth, is experiencing an unprecedented downturn. This decline has been starkly illustrated by the recent financial results of LVMH Moet Hennessy Louis Vuitton SE, a leader in the luxury goods sector. The slowdown in luxury spending, especially from key markets like China, has raised concerns about the…