Research
November 18, 2024
Current projections see total prestige expenditures either rising or falling by 1 percent by year’s end. Image credit: L’Oréal
By Zach James
Luxury market growth is flatlining, according to the latest findings from global consulting firm Bain & Company.
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","iv":"8e2e9ebb98a986fb1280a032fb7bf81d","s":"8c673068a161051e"}
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