How ‘dupes’, fast fashion and China’s economic slowdown spell disaster for the luxury sector
Alarm bells are ringing across the high-end sector. 2024 did not end as luxury brands had hoped, and the figures published by the sector’s main conglomerates painted a picture of slowdown and some signs of exhaustion during the last quarter of 2024. The weakening Asian market is one obvious cause, but consumers’ unusual reactions to […]
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