Incoming optimism: for Bernstein, 2025 will close at even

While Bain&Co worsened the estimates for the luxury industry’s 2025 (-2% / -5%), Bernstein turns to optimism and improved the forecasts: while it previously predicted a 2% decline in sales from 2024, it now expects the year to close even with the previous year’s results. Influencing the decision was the easing of tensions between the…