Luxury Brands Pivot to the U.S. as Chinese Spending Slows

The luxury goods industry sets its sights on the United States to drive growth in 2025. This shift comes as the sector faces a slowdown in other key markets. According to a recent report by McKinsey & Company, the global luxury market expects muted growth of 2-4% annually from 2025 to 2027. The U.S. luxury […]

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