Commerce
November 17, 2023
The personal luxury goods market is still growing in 2023, albeit at a much slower rate than the record figures that followed the pandemic. Image credit: Neiman Marcus
By Zach James
Global consulting firm Bain & Company is updating its forecasts for where the luxury landscape will land in the months to come.
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","iv":"1f683258228c5cb326575302c4bc5f00","s":"bd5709ed8de4fca5"}
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