Luxury Market Growth Projected to Remain Stagnant Until 2027: Insights from Recent Report

Title: The Future of Luxury: Insights into Market Trends and Consumer Behavior The Luxury Market Landscape: A Comprehensive Overview The global luxury market is undergoing a transformative phase, characterized by shifting consumer preferences, market dynamics, and a renewed focus on sustainability and authenticity. According to a recent report titled ‘State of Luxury: Fashion’ by McKinsey,…

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