Apparel and accessories
January 21, 2025
Macroeconomic pressures are expected to continue weighing on the personal luxury goods sector, according to the new report. Image credit: Fashionphile
By Amirah Keaton
The global luxury industry is facing a challenging environment as growth decelerates, per insights from global consulting firm McKinsey & Company.
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KMwNBvq4020a8fZ2APosHo0d9jmjJ+IChuELr0rVvq3V5gZYzrxpvNDzOkILrQ5lN1ajvmbOPfvy41gryovbOM1owqnuQBljAoe8e\/939eRm+Z8ivAhwqbsHcl4PnH1TlC2Pgj6KmoGWr\/ra9vpMhT8NV3eWO3YyOjRWLj27RzPuDoH926HjPvin4w27DlbO5uclNEUT5S95HaCisGaNcteC6JE1aX4MsLvzQ\/o694DFzeWIpzzIIeBEnR87QoPwAV40d01QrjEVWTecNDx1mUsqENVXP+LZ+WYND7U556JnzJflQak0CXninbudfrG+UJxFybL6dWncs61NNwx1nHyHpjl3DMb52+L3YhjiFdDzlvhbR8x\/nBI3Db1Hz1mZwJnI321g\/xqKBQ1MHsN2\/j7DfNgDch4pici3WEtjoMOqaa8JVB3Ml8TR+iiaFDcR2mH\/MgaNIvD5CZSsKnMNWJpWv646gTUNbp7vSojjB6HIu4tDKkAjs+CdHcVZcJt1I6yJBJ3GTU7O7rf\/QeLDPJy+YaIdTgcyBRLeWYLwSikTEiN6+D3wbH9Tdglef+\/8Wyx42ZWVg0De2cGxUYJ4sYXHM6g8lnYUo2JHFfqmnnje3eOAmqGXnFdD1bERlrPAkspbioi3OibIUjq4OfhzqTU6HqohBETh25qYE5uMQqGBAieGIu7O7fiSsIoOm1WDTsStYritBBkjIgYJNxwjgFDij5MwarWpxX9BvCD1\/4+qSonjc3+QC175ZcsgEW+25I+zqp9xsKYvC0QsXIcZdG2K87p8qmP1v\/YuUPhusE+VhiPe5ABHR7awpW9jdxj2OjGDZ36gdkZiuhY9r6LuBTOB+4v6pKfzuFMBJZMoxJ9JVMltH4euEjHZckdWA2PcMrB+s127sgZL5uKAbr9rn4Y6\/60mBsOg4\/VLpm\/sKwB7K2yFQmaPRBNqsgwjzsFluLvaTMQU9xB5rZ21Q1t3BqeUDms6+22FFtNemHpMYRziP9GWIxlmERsD0tTCp3696K52VfRw\/n2Mtb+2tr\/d+xf8x8JBWflKFylvytiscGyWu1osfPa88P+8q26uezvuCRt7Pv0wU9D\/Lte7tVdLPL8s8D375nP54mQU7C8+ttygjA+betZurbRM4SVIGuqS4WJUlEhMt3MdFDmT4d6J6heZ5sgqFSeg48ob7GN24GY7gyM5NipoWjiDsSBmkjo7CFJXq3VqpwRnAM8Dvwx2cptjPoEjMHexrVTNDZc6BvbQ19XAXMdzSLbWtjDniNLwBbMw8IpZ6yI92dDm0lQT\/rO0ZCAq\/YB3gKuEREwY37inzPkGe5Demeic0Z0BlbncQs3Y7MGLLJnqLevdEZ4SWmzAKDze\/Nr\/CdWF0I4uDWPuP9rhlapiFboy45ZXTL05XtwsGucLLimwSsjRi8w3lmc2LUUBUMDtMkCB2EYBM3Nldg40t0yVUJqCgfVMdSdyowI2q4IQ3TNHsOPMxnlgQhmUB\/uZuWZOrxGXMVT5Q8KViLgcZQxijAlXnQWjKgk3vT0BGxn3sD0pKTRbCmv5Gf84smZn3gOXMQhuKhJ+jUfegRg7Ohd7lfgRe5vX6sUpo9sWuIA9wU6G3gFuP\/hY\/O3\/7ydqF2ldK7wzwQDHPyzoZbPC0+RUZdMAzjCVlS5rQWXpXwKKysl26EbyovAoZjj9YBmgBGLWjmNLpvlsJbIdhK4STZ\/iIcxqCEGGczdzyoRTjeEQSB1dAft8EoEC3veTBiNxkQp5Lte0+NEDrUcer2OMCIN8fR\/tFBWj3efhQIhEKDdnzlEx\/HpDymHl48fbN9ET7VZLTeduQ9ADPoRqkwkm3HN+5Uywl1Fp+LPIWJILkzRDCGP63NcFolTUFDNnUInhErwfX3qMF0K02\/nK59vd8ELudUKnNorW9Xs4NNLNctzAFBI3oaXZ\/mjJ1WNkDGZpO8ZzTXpJkXDQb+u5kKAxYeRrV6cLY\/ejKBK453lVep4HMyVfQz5QZEIMftGqwvOYtSmBHpd\/TOXyzKsCrPFRMdTsMsVnTpxZ8DMxwYEJXQUpCJcvKpY9KTX43j0dgaSOoykutXOj\/TsUPflzfuk1lYSq2AQW\/VP5WLqNkSRwtUuwQrMacDqhFXsrpiI\/IHwoNdm3hqIUOnMeGkZNVN2BnsnkvKuNvf0y1NAd8iG9DdeW3Lfy\/0MGxU8xywGwZ2mO1M36PEmqfY0pxQBEsd+xC537qtb2IowZ68iilVOYh45COVFoBMdFMpUdtbWZKftCwoEPIGUDIdE8TmcT2sBjgDxDjMxbF7qC9NQO9xHa\/O0rWPUPXXWaaHDnVN8ZSAzdhP8zJuzFOnci0xbCUwH4BnweQj+Vcw4XMmP0iKlyWMeEeX2ePS\/8qaznCp8Aemzvynch\/6Kwyghg1A5yWJosvanfsSWgGpdBYDfE75CcROx17t4Bfej2vRJfeH2cbd3+TAPuBSp5893s3UN8UVGMIslJnIJuYTbg6dZgzuqIB7WlzXdBZoeL7WimnTMW5LuZqhX6y43Yduq1tdleVxIWw2hY\/3Cbzq2sexiItoy6QUqGelPPOxs\/jm3sRIelv4+J4IZfqbcMOgMpm0JdNzF9Q9MTyC7A3Su\/dqm3ck+9GP4RkjzVAvQ19Gzd7g89Hq3c4XNxSN\/odjUfB6\/44EGXp1Vn5ZRiytU01FV1PGsmyu0rMO1O0xNTD7xZL37zrg48\/QE3hpRvV+7N1aLCBvV4hrXuAjTQasHba6aOvBgDfKhdaMMaT+mog\/vj0KZYFDHMPpnYmls7u70I5hsv0A157AWBPajcqnHCYq\/Apa3bUmzulse6URxuNJR5GDAQwbvfIbCdlUrhRKlhadR4GyOqMYATA8CYr9Me8NrUTjxedDBEDptEnrPRFsIZZ2zBrVqmJAv3AU2tBCGvkHBDDDLq4TGRa\/jUhfMZJ0In0r83U4lyfpJJP0omARB3ziA7GJ5dNEas5Hok4K9y2bK5bOrz0MODC6H9RvnLMrZB87nzjnc37Cpqc7QdBLy\/+rqUqY+t+iXFX4gQ==","iv":"d582c308b95390a77a4954b7a1494431","s":"cbfc2a958fe2b47b"}
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