Who Will Survive Luxury’s Post-Growth Era?
Summary
Luxury groups are cutting assets, closing stores and issuing less precise forecasts as they stop planning for a quick return to the boom years. Leaders at LVMH, Kering, Ferragamo and Burberry are resetting expectations around weaker, less predictable demand.
Why it matters
Post-growth luxury turns scale and efficiency into competitive weapons and makes weak brands and marginal stores the first casualties.