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80% of Luxury Growth Collapses as Shoppers Say ‘No’ to Price Hikes

RETAILBOSS LogoRETAILBOSS1d ago

80% of Luxury Growth Collapses as Shoppers Say ‘No’ to Price Hikes - RETAILBOSS

Quick Summary:

The global luxury fashion industry, once buoyed by relentless post-pandemic demand, now faces a prolonged slowdown with growth projected at just 1–3% annually through 2027, according to McKinsey & Company’s State of Luxury 2025 report.

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80% of Luxury Growth Collapses as Shoppers Say ‘No’ to Price Hikes - RETAILBOSS (Picture 1)

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Article Details

Author / Journalist: Jeanel Alvarado

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 19:59:40 (1 days ago)

News Timezone: GMT +8:00

News Source URL: retailboss.co

Language: English

Article Length: 32 words

Reading Time: 1 minutes read

Sentences: 20 lines

Sentence Length: 2 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © RETAILBOSS

News ID: 26932279

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About RETAILBOSS

RETAILBOSS Logo

Main Topics: Economy

Official Website: retailboss.co

Update Frequency: 1 posts per day

Year Established: 2011

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #113

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The story "80% of Luxury Growth Collapses as Shoppers Say ‘No’ to Price Hikes" has 32 words across 20 sentences, which will take approximately 1 minutes for the average person to read.

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The story "80% of Luxury Growth Collapses as Shoppers Say ‘No’ to Price Hikes" was covered 1 days ago by RETAILBOSS, a news publisher based in United States.

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RETAILBOSS is a fully independent (privately-owned) news outlet established in 2011 that covers mostly economy news.

The outlet is headquartered in United States and publishes an average of 1 news stories per day.

It's most recent story was published 1 days ago.

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  • URL: https://chronographically.beamstart.com/news/80-of-luxury-growth-collapses-17418212895616

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