Apparel and accessories
January 21, 2025
Macroeconomic pressures are expected to continue weighing on the personal luxury goods sector, according to the new report. Image credit: Fashionphile
By Amirah Keaton
The global luxury industry is facing a challenging environment as growth decelerates, per insights from global consulting firm McKinsey & Company.
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TmRRRgNkxSWuAN39REf7+uX6W+\/kRoICLP8SQhyEOPAmUaxGP0E132uabthbxfPkV52p69+qP\/xt6i+K+FZl+8IYhMum\/4iPCm4G7Qv15JAE1lxaHQ9VYGg2e7oJV4gv6XlNEOHGdOdTl19bZ8NDE3LrpslJQ+zeEakvYEJOCfFK8I2fDzwZVHQ\/ziPo6cu7uS7QaWXcpGJBqC0emNLuUtDFtwZEEft0F6KD9Ih6X+jn12fI0HvA3Vz2L9fRQYs45RBjPrBQBFXdXPjSi\/9gc2WibZyQatjjRSZVj2qcZYlJ1NG890\/xCW045xW2EikTgsKsVLlD01xyU18KMCSy4wVJE5VLqWlVzQjE9X5WjZSEVMO9TADspmC5da9pXZk3VUnoDq9BysjLia9+FbZoB0a5VdUCDVIuDx81LzXfAwBmjoMd7+uaCFlF\/2eV3RMUXJuekTnFQ+s\/xPHMFbYT5MYvxpsN8Wo8MgJWwk2TcqDT5VcbD7O1OfbskAKLbrf\/eBud2nAljjkyYXqCEAHzn6rOnoFx9pN6v4CD7HCxjJtpp64Hkxr7WaKVCJlIhDDsQFVDpSqLVO\/vGrk9dKKe0EjIJO65wt0pjLsQZqu0f9E1ScWENPFpMatSA65vaCDiolI+k+epD4EpVhaYHNF2jeFdAkhIoWNnApNn2HIXM\/PlQTrlenGCSxJALnkTQKcImthVs8ii30Ft7XFBShWgdm+GLP5oUb3L\/Z9+LKaA8hNoSsbra6GsQW3WZsaaeposryJyMuOo3U\/2KfAimrG+pqI3MyFwobe8frPykqJtLKVdTkWjTuVOBB9bwEBsa1mS3yE5fXhnrySN9tGWmJIbBuX5Wu1a5HwrSSkZJUVZyHSBuZsQ5\/OjUSm+9tbj4FjZLPApnohKC44\/ZybebT+n55b61clouxFDwYpLZNy3O6JZq9Y2f0pHGvXq7XwNQIgirX6fQ4jy5qq+oYjh2T6mL07UNK9hlcc8N+uHTSrs0sMXQ\/\/GyUAxSEQ3H3+4zGsOBaGLIF8k7Y0Ti2WWyMmE7qdW\/OFJJQl8R9MqLqnXeZ4t4dOvOQ0RRTkf7wrebngILw0scT1mZcaTO3mGRNLvyDKXskTa4freKndLWRFBOak7\/y8NWjFKMnOPBabFBQCuS3gfFGtkaWu+fRVKH3ZASZAtOowpmqAGBbEygqsxZqBbUrsHWRiI8GUjS3TPdUGb+5xw9GgIokdOSoAfVoRGherziYf86LNfix+HtR8W+ODgWeKcByWEf7LpZzAxO657DE7qn8dYTs8H9VdxCWYUh4\/FjP2w843KpMKr7NaLyncw24BlQfcr\/CvrcGGABfQubwoT0bQwWQHcq4pHriG7+aQeeLKz44quJZdn3k3jJTqnfSfTTSGc1iBPIhmJKrkckh\/kd\/QGAQlD3F2RDYXfemn8Wp\/VnUplsS\/Uc6m32KxCBC5LL8vuYiLHTH5dXP7ngLNK9Pv0DPFgJJThpeZ0sgVjngM4a3k4ka63zifIKzE2\/ywGs2+gdioJZk\/WqpB3fwOeWWEedswKrpPlqPCkBCHM3CMVvv2sOEOeCfD2WwY7bGl8PectwoWcF3zpLwZ6SaXvnjc5ogafjzyaGmkbos9j+aUhEgSZdjIWcFkox8VbQJ0QIju7DbccVy0T+ydApVF8op3YbyFLG9H2tu3HycfuEXZcdWR\/4TkO9Hf0NbPcf6Q9HZs8jS0FH9FFQJwxBRCVumegwtcmjwUvs\/JFumsCZrgdcj4V0ptskA\/Ll8Tp0\/EaaF4upPB+A8n\/jEytqW4fyVYnJs18JgH0SQFN6S03B3yg9TjKkbTn56I3zojF6bwn0BlQjRB\/wCLdDH576fqVNudujc2hyGyZjeLNdhbjdf+6VSKW\/gdBCTcAYvr5BfQ8oZW489be7JxL6NLyMphnnmoVYtMpRIFg9BEZkX+KaY41tu1cC6Nu32XnaqJgnmOhYWSw+lr50MlmAHLI\/041CtVdlkS2XrlO9PWVgnWQad9FNo5opD7JR2TDCCAflYNJX9wEJCtP6R0xYK\/jwlxyfidY1VeeOfULL4XhqgSiSlMFB8bDcG7T+ol1oBiuMoISJqlS1hQ3e87plxXQecDAz1yiGYnGrWBZ6Uc8PIk\/+90pS7hFfUgIbmQjkcZnoLwRyEt0e3IlLkvof3o1gZ+OPQDhVraSbvPo+XnAJ8DfOvybQDZBjXpmHM81ENU3whm0hl1AidNTfzAhOgxGY0\/L9Lnn0P03RX0VH+GwVmNdcQmsy1WzouHjywj1mDvJ8uays7Tsd1Ik4JxByGDRl\/r5if5R597HAaKIXzxB80v6MSihDcSYMnL3zxgGIzo+6u6MtHaatW+BCU1H1t2dkZ1wpixUvqrtgyROA9CcTOfwqsEWhP4\/DGhFKDZVRrv6b\/RprsuUS+MC0FiT9+SKUO55fVJ03PXhWonrb+hcgRkejprVlDWwMcqaP0jhX8+2m56m+I0mpCF\/NMP3ZIqOBdkgOS4E0YqHNtM2L3hNbq5gZPT9oI4WX3a5qdotMpd8G6aC9x\/9Ade17u2h04TR2g9yat7FSpy\/ShZaAPA+ZebwgFiHt2NHaycHTy+pgRHHdnrPVQAO4d9SmpzX+x4kRMlH9YLpWDM+ELI3xdC1g0IAzY8q\/LQxm055gno8ht5U51v80LEPSCpECt\/Su+a57OLNWofptnkJR8koyHbP2guQuaKF4zitrmNMr+3TLMZhbpOkL6yYYO\/kHsUCZMOb83rJiWev73iQueqoG8CiMfntdrWCDwETZtdgOxG0zj3qdPJwp32u36O5hC\/saNanyNoYFMIuRfgLgICxATwmhCJX\/1fLmp0pJ\/gLEqG3Npf2N90Z4wGRw4VZ2D+T8CKQzaFH9GWj8VkBC\/NDKx1vljyd\/89qKGwloGejMx6Yzbm1P+NpDtmPq5jgQAyO3RRyC88MA9LPUSv2VYF01Rz2im2zYrkFSWc4eyHA0zTZAN37oDNo8Sh4kbTU9UJU5NL06VaqreMWvVFmVU4PhG8dBOq9x+bGICSg==","iv":"6a571d51a01d9b0327b1a8da40cda458","s":"b97ad2ff8d66cde6"}
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