Will the extraordinary boom in luxury goods ever end?

Financial crises, a pandemic, geopolitical ructions and more have done little to dent the rise of the luxury sector

Financial Times

©The Financial Times Limited 2020 Apr 27, 2023 / 12:26 PM IST
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Will the extraordinary boom in luxury goods ever end?

After contracting sharply as the world locked down in early 2020, the sector rapidly rebounded to €1.15tn in 2021 as bored shoppers flush with savings and government checks indulged themselves. (Representative image)

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