, driven by emerging markets and the long-term entry of Generations Alpha and Z. Bain & Company Official Report Access: You can read the full Bain & Company Luxury Goods Worldwide Market Study for deeper data on specific segments. impact of AI on luxury brands mentioned in the report?

“The goal is no longer to sell more; it is to sell better. The brands that survive the 2024 slowdown will be those that treat customers like patrons, not wallets.”

is one of the few retail segments showing growth (0–3%), as even affluent shoppers hunt for value-for-money. Secondhand is Socially Strategic: The pre-owned luxury market grew by 7% to reach €48 billion

Vladyslav Petrovych
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Vladyslav Petrovych is Noltic's top tech guru, 18x certified Salesforce architect. Leader in driving innovation for high-load cloud solutions development.
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Oleksandra Petrenko is engaging and data-driven content creator focused on Salesforce solutions.
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