luxury

Luxury Spending Up Worldwide, Down 8% In The Americas


Gucci is among the luxury brands struggling.

The wealthiest shoppers are throwing themselves into travel, fueling record luxury spending this year. In its latest report on the luxury sector, Bain & Co. expects the global luxury market to finish the year at 1.5 trillion Euros, roughly $1.63 trillion U.S. dollars. …

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