Watch out luxury: there are risks not to be ignored, says Bernstein

Watch out luxury: there are risks not to be ignored, says Bernstein

The luxury industry isn’t immune to risks. The ghost of a recession in the USA and Europe, a slower than expected growth in China, are all potential criticalities to keep in mind. They could, say analysts at Bernstein, bring a reduction of consumption that, for about 66%, is done in 25 large metropolises around the…

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