Bain – Altagamma: uncertainty is normal, and the luxury industry knows how to grow in it

The performance of global luxury grew by about +4% in 2019 (about 1.3 trillion euro). Operators expect 2020 to have about the same performance. The evaluation co-made by Bain-Altagamma titled Market Monitor 2019 and Altagamma Consensus 2020, respectively, say trends are just slightly inferior to the prior year’s ones. Yet, we know how the scene…