Infographic
Luxury sales are falling across regions, and recovery patterns will vary
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In Q1, luxury saw steepest declines in China
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The luxury market could drop between 15% and 35% in 2020
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Luxury will continue to feel the effects in 2021 and beyond
Luxury after Covid-19: Changed for (the) Good?
Sales could fall up to 35% this year, but companies can still emerge stronger, more innovative and more purposeful.
Coronavirus
The global Covid-19 pandemic has extracted a terrible human toll and spurred sweeping changes in the world economy. Across industries, executives have begun reassessing their strategies and repositioning their companies to thrive now and in the world beyond coronavirus.