Luxury Goods Sales Projected to Recover to 2019 Levels This Year
May 30, 2021 at 09:00 AM EDT
A new report published in May says that global sales of luxury goods have a shot at fully recovering to 2019 levels this year. Consultancy firm Bain & Company believes there’s a 30% probability that the luxury market could meet or exceed $340 billion in sales of high-end items such as apparel,...