
Tariffs, war, and inequality have battered the luxury goods market—Gucci sales are down 24%
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow MILAN (AP) — Global sales of personal luxury goods are ”slowing down but not collapsing,” according to a Bain & Co. consultancy study released Thursday. Personal luxury goods sales that eroded to 364 billion euros ($419 billion) in 2024 are projected to slide by…