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":"e3882ed4e1f51a69e176ddbb9b06fbba","s":"dd977b0297f41768"}
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