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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","iv":"b53e739f635cfde9f9304350830e3915","s":"d5c516e501af1147"}
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