Is it time for the parallel market? “No, luxury is producing less and less”

Is it time for the parallel market? “No, luxury is producing less and less”

The war in Ukraine and the sanctions against Russia are complicating (not to say ruining) the plans of designer brands. But there are no conditions for a boom in the parallel market. For a very simple reason: European luxury is producing less and less, so there is no unsold goods to divert to informal channels….

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