Bernstein cuts its estimates for 2025 by 7 points: luxury’s growth prospects go from +5% to a 2% decline due to the consequences of the trade war. In the report “Fasten Your Seat Belts,” analysts led by Luca Solca explain why. Meanwhile, talking to the press, large brands preach calmness: Brunello Cucinelli has no fear…
While biggies preach calm, Bernstein cuts estimates by 7 points
