- Luxury Daily - https://www.luxurydaily.com -

Luxury brands losing ground with younger audiences: Bain

Posted ByZach JamesOn In Apparel and accessories,Featured,Food and beverage,Fragrance and personal care,Industry sectors,Jewelry,News,Research,Travel and hospitality | No Comments
Podcasts are said to be a reliable way to reach multiple generations of consumers, from Gen Alpha to Gen X. Image credit: L’Oréal 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.