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

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

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…

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