Estimates for the full year are still as they were in November: +4% (+6% in the optimistic scenario) for EUR 385 billion in turnover. But, meanwhile, 2024 has started badly. According to the Altagamma-Bain Market Monitor update, sales of personal goods fell by 1-3% at current rates in the first quarter. While there is no…
Even Bain admits it: luxury’s 2024 is off to a bad start
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