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Gucci, Dior, Louis Vuitton Face Crisis as Luxury Sales Slide

Summary by Deutsche Welle
The personal luxury goods market is losing its luster. Recent sales figures show that the industry, which proved resilient after pandemic lockdowns, is slowing down. Is luxury finally going out of style?

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Deutsche WelleDeutsche Welle
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Gucci, Dior, Louis Vuitton face crisis as luxury sales slide

The personal luxury goods market is losing its luster. Recent sales figures show that the industry, which proved resilient after pandemic lockdowns, is slowing down. Is luxury finally going out of style?

·Bonn, Germany
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manager magazinmanager magazin

(M+) Louis Vuitton, Kering and Co: Luxury Companies Find It Difficult to Escape the Crisis

Luxury brands experienced a boom during the pandemic, then a severe setback. Why the industry isn't emerging from the crisis – and which manufacturers are currently particularly hard hit.

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manager magazin broke the news in on Monday, August 18, 2025.
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