Retail
March 24, 2026
Luxury conglomerates such as LVMH, Richemont and Kering were responsible for 30 percent of store openings in 2025. Image credit: Cushman & Wakefield
By Kiran Gill
Supply-demand imbalances in Europe are intensifying competition and forcing luxury brands to reshape retail strategies, according to new findings from global commercial real estate services firm Cushman & Wakefield.
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","iv":"5c319c671130a7a986da57f44caf8b40","s":"6b4d14178abd14a4"}
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