Bain: Luxury loses 15 million shoppers as China and US falter
Translated by Nazia BIBI KEENOO Published July 9, 2025 The luxury sector entered 2025 on shaky ground, weighed down by rising prices and a slowdown in China. According to Claudia d’Arpizio, senior partner at Bain & Company, the industry recorded a 5% drop in first-quarter performance—a clear sign of lost momentum. She shared her insights…
