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":"2a78ceac5facefa7184195b1a9dbe549","s":"0fb940bb47ed40a1"}
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