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":"6913759fa6b1609da4cb27ad1ba2644c","s":"26442dbc9cf23967"}
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