Tag: #LUXURYMARKETSLUMP
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Luxury Market Slump: All the Ways Consumers of Luxury Goods are Profiting
It is everywhere you turn: demand for luxury goods has dropped, and, coupled with other macroeconomic challenges like inflation, it seems that consumers’ appetite for luxury has waned considerably. And while luxury brands are working hard to whet that appetite once again, somehow, the biggest winners in all of this are the consumers themselves. More…