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Luxury’s Soft Patch Will Be Short

It’s tempting to think something is broken with the luxury sector, but the market slowdown is largely a macroeconomic issue and sales will grow by mid-single digits in 2025 in a base-case scenario, argues Luca Solca.
People passing the Louis Vuitton store on Bond Street
Louis Vuitton (Getty Images)

Luxury sales are going through a rough patch. It’s tempting to think that something is

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