Commerce
November 17, 2023
The personal luxury goods market is still growing in 2023, albeit at a much slower rate than the record figures that followed the pandemic. Image credit: Neiman Marcus
By Zach James
Global consulting firm Bain & Company is updating its forecasts for where the luxury landscape will land in the months to come.
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