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Generation Z and China Will Take Luxury Fashion Market Where it’s Headed, Bain Says

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Luxury fashion is poised for growth, and both the Generation Z cohort and Chinese consumers in particular, will drive the bulk of that uptick. By 2025, the luxury market is projected to grow to between 320 billion euros ($354.96 billion) and 365 billion euros ($404.88 billion). At the end of 2018, Bain pegged the global luxury…

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