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Tightened consumer pool, tier polarization redefining luxury landscape: Bain, Altagamma

Posted By Amirah Keaton On In Apparel and accessories,Featured,Industry sectors,News,Research | No Comments
The fragrance is sold in four sizes. Image credit: Chanel The fragrance is sold in four sizes. Image credit: Chanel

 

By Amirah Keaton

Global luxury spending is set to remain broadly stable in 2025 amid economic uncertainty and shifting consumer behavior, according to global consulting firm Bain & Company and Italian luxury goods association Altagamma.