Soaring Luxury Market Poised for a Fall
Wealthy U.S. consumers are helping to keep the luxury goods market afloat. Spending was up +47% in 2021 compared to 2019 and has continued to grow among higher-income consumers.
Wealthy U.S. consumers are helping to keep the luxury goods market afloat. Spending was up +47% in 2021 compared to 2019 and has continued to grow among higher-income consumers.