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":"f0fcccffcd32181644d8664121dc2d35","s":"1f1eb5ddfeb9d49c"}
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