Global personal luxury goods seen down 23% this year

the-new-york-public-library-yEauzeZU6xo-unsplash

Global sales of personal luxury goods are estimated to fall by 23 percent this year to €217 billion, with constant currency sales down by 22 percent. It will be the first drop since the financial meltdown of 2009, according to the Altagamma-Bain Worldwide Luxury Market Monitor 2020.

To continue reading this article subscribe now

Already an Eyewear Intelligence subscriber? Sign in here.

barrier_image_OIC

Become a member today for full access from just €6,70 a week!

Buying a membership today will give you:

  • Unlimited access to ewintelligence.com - all insight and analysis available online
  • Our executive edition of Eyewear Intelligence (Digital Edition) - the must-read for all decision-makers in the industry
  • Weekly E-mail Briefing from the Chief Editor with the lastest analysis and most important industry developments
  • Case studies and best practices on business challenges
  • Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry
  • Access to over 11,500 articles and analyses in the archive
  • Personal library to save articles and track your key content
  • Powerful search and intuitive navigation

To continue reading this article register now.