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":"edf1a10362fdfc118753d7c543fb497f","s":"f053eff42f2abfa3"}
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