Why did Trump delay TikTok ban again?
How will Nippon Steel’s US Steel takeover impact US steel?
What caused SpaceX Starship explosion in Texas?
Why is Fed holding interest rates steady now?
How is Israel-Iran conflict affecting global oil prices?
What’s behind private equity’s shift to mainstream stability?
Why did Honda recall over 259,000 vehicles?
Tariffs, war, and inequality have battered the luxury goods market—Gucci sales are down 24%
fortune.com/2025/06/19/luxury-goods-market-gucci-sales
Global sales of personal luxury goods are ”slowing down but not collapsing,” according to a Bain & Co. consultancy study released Thursday.
Personal luxury goods sales that eroded to 364 billion euros ($419 billion) in 2024 are projected to slide by another 2% to 5% this year, the study…
This story appeared on fortune.com, 2025-06-19 14:31:27.