Global luxury sales could collapse up to 60% in the second quarter, consulting firm says
People walk in front of a Louis Vuitton store covered up with plywood windows and entrances to prevent looting during the outbreak of the coronavirus disease (COVID-19) in New York, March 31, 2020.
Eduardo Munoz | Reuters
Global sales of luxury goods are headed for a collapse in the next few months, as the coronavirus pandemic ravages demand, Bain & Company said in a new report published…
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