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The biggest threat to luxury brands’ rapid growth

By Mei Ling Tan
1 min read
The biggest threat to luxury brands’ rapid growth
The biggest threat to luxury brands’ rapid growth

The grass isn’t always greener on the other side.

After years of fuelling the growth of luxury labels, there are signs that the global high-end consumer is starting to cool – placing a renewed emphasis on the importance of the United States and its affluent shoppers.

According to a recent report by KeyBanc analyst Edward Yruma, weakness in the global economy, a strong US dollar and ongoing geopolitical issues are contributing to a slowdown among consumers who live overseas.

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