Recent findings from a Luxury Institute survey of prominent luxury goods and services CEOs, other C-level management and executives, luxury-focused consultants and industry experts revealed most participants believe that the current slowdown is likely to lead to a luxury downturn. Survey respondents were also enlisted to predict how strongly different global regions may be affected, what they expect the severity of the impact to be on key luxury categories and the luxury market trends they see emerging going forward. Keep reading this The Fashion Law article for a deeper dive into the survey.
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