
What Dupes, Fast Fashion & China’s Slowdown Mean for Luxury Brands
Alarm bells are ringing across the high-end sector. 2024 did not end as luxury brands had hoped, and the figures published by the sector’s main conglomerates painted a picture of slowdown and some signs of exhaustion during the last quarter of 2024. The weakening Asian market is one obvious cause, but consumers’ unusual reactions to sharp…