Luxury and crisis: UBS sees gray, leather goods (perhaps) adapts

Luxury and crisis: UBS sees gray, leather goods (perhaps) adapts

Analysts are divided on luxury. While Deutsche Bank had published a surprisingly optimistic report, UBS, on the contrary, sees gray. In 2025 there will not be that turnaround predicted by the German bank. It will happen the following year, according to the Swiss entity, which speaks of luxury fatigue and consumers increasingly questioning the value…

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