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":"d25b8fc5340a27e7e995f73fa1e3d2d6","s":"59d8d462b7ebbe6e"}
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