Since 2022, the luxury segment has lost about 70 million customers, but the market is still worth more than it was then. This isn’t necessarily a sign of strength: prices and product mix can prop up revenue even as margins, purchase frequency, and the future customer base deteriorate.

Marionnaud in vendita: CK Hutchison tratta in esclusiva con David Konckier (Groupe Bogart). Numeri, scenari e cosa cambia per il beauty retail europeo.