The article discusses the recent challenges faced by the luxury industry, particularly the decline in performance of major luxury brands and groups. It highlights the recent 9% drop in Kering's share price, a company that owns many top luxury brands. The author suggests that the luxury industry is "beginning to come undone" and that all the major luxury brands and groups are facing difficulties, some quietly and others more openly. The article suggests that the luxury industry should have seen this downturn coming, implying that there were signs or factors that should have alerted the industry to the impending challenges.
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by Umair Haque في eand.co 04-29-2024
https://eand.co/the-crash-luxury-should-have-seen-coming-7505287f02f2استفسارات أعمق