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":"29e36875fa7b2dfe917147f15ae5325b","s":"477902e146186a70"}
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