US EditionLuxury slows on weak demand, low pricing power: Morgan Stanley
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Luxury slows on weak demand, low pricing power: Morgan Stanley
The luxury goods sector is facing a slowdown in 2025 due to weaker demand from China, the US, and Europe—its top consumer bases—amid economic uncertainty, high interest rates, and limited pricing power. Chinese demand will stay flat, and while US tariffs pose minimal impact, broader risks like recession and declining consumer sentiment are more serious concerns, noted Morgan Stanley.The luxury goods sector is facing a slowdown in 2025 due to wea…
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