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Luxury isn’t what it used to be: What’s happening to the world’s most exclusive brands? | Economy and Business | EL PAÍS English
https://english.elpais.com/economy-and-business/2025-06-08/luxury-isnt-what-it-used-to-be-whats-happening-to-the-worlds-most-exclusive-brands.html
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Tagged with:
gucci
burberry
christian dior
lvmh
bernard arnault
hermès
françois pinault
kering
Lower consumption in China, the trade war, and an oversaturated market are taking a toll on the sector, which has lost 50 million customers in one year
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