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":"dbe14c0042801094b9fb005ff4c10564","s":"390fdf90f3c422df"}
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