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The Era of "Democratic" Luxury Collapses: Famous Brands in Trouble

Summary by Rzeczpospolita
The luxury goods and services market is experiencing significant changes. Brands are losing "aspiring" customers, but not the wealthiest. The result? Those who prioritized "accessible" luxury are facing a problem.
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The luxury goods and services market is experiencing significant changes. Brands are losing "aspiring" customers, but not the wealthiest. The result? Those who prioritized "accessible" luxury are facing a problem.

·Poland
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Rzeczpospolita broke the news in Poland on Thursday, August 14, 2025.
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