The global luxury goods industry is likely to sell 3% to 5% more next year after stagnating in 2025, but years of aggressive price increases have alienated customers, threatening long-term growth, Bain & Company warned on Thursday.
Bain said next year’s growth will be driven by continued momentum in the United States, resilient local demand in Europe and Japan, and progressively improving trends in China.
The consultancy, however, said persistent
