This nice piece shares BoA’s 2024 outlook for the luxury sector, which finds that while the whole sector will be coming off the post-pandemic bull market to growth rates that are more in line with historical experience, there will be more heterogeneity generally with some continuing to win (Hermès) and others experiencing new challenges (Burberry).
💡FSW discusses why this period of slower growth creates new opportunities for the industry. https://lnkd.in/eM86KajU
💡The FSW 2024 preview concurs with many of BofA’s forecasts and details their implications for luxury strategy makers. https://lnkd.in/eD6FtP4v
💡Bryce Quillin PhD spoke with Glossy last week about how to understand the big revenue numbers that Brunello Cucinelli reported last week. https://lnkd.in/gPdcAUKF