Research
November 18, 2024
Current projections see total prestige expenditures either rising or falling by 1 percent by year’s end. Image credit: L’Oréal
By Zach James
Luxury market growth is flatlining, according to the latest findings from global consulting firm Bain & Company.
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","iv":"07d9bfe5099217d67f4c748b410fbe66","s":"ab23277723a879d6"}
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