Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Q2 Was Luxury’s Worst-Ever Quarter, Bain Says

Join Cotton Incorporated, Lectra, Accelerating Circularity, Public Habit and more on July 15 for Sourcing Journal's virtual Sustainability FAQs workshop to pull back the curtain on the circularity, traceability, net zero and inventory reduction concepts that could transform your business.

While one would be hard-pressed to find a retail category that hasn’t been impacted by the emergence of Covid-19, luxury goods have taken a particularly hard hit this year. The core personal luxury goods market contracted this year for the first time since 2009, falling 23 percent at current exchange rates to 217 billion euros…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!