Editor
The personal luxury goods market is set to surge to €353 billion ($368.2 billion) this year, rising 22 percent at current exchange rates, according to a joint report from consultancy Bain & Co. and Italian trade group Fondazione Altagamma. The consultancy had previously estimated sales would grow between 5 and 15 percent year-on-year.
Sales are expected to grow at a fraction of that rate in 2023, however, with growth slowing to between 3 and…
