
Luxury sector facing first major slowdown in 15 years excluding the pandemic period
Translated by Nicola Mira Published June 19, 2025 Faltering economies, trade wars, geopolitical tensions, market volatility. These factors are undermining the confidence of luxury goods consumers on a global scale, with a strong impact on luxury brands’ sales. According to the latest luxury sector report by consultancy firm Bain & Co., presented on Thursday in…