According to Straits Research, “The global luxury fashion market size was valued at USD 123.05 billion in 2022. It is estimated to reach USD 198.55 billion by 2031, growing at a CAGR of 5.46% during the forecast period (2023–2031).”New York, United States, Jan. 10, 2024 (GLOBE NEWSWIRE) -- "Luxury fashion" refers to apparel and other items made from high-quality materials, frequently with meticulous attention to detail. Luxury fashion consists of exclusive items with original designs, d...