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Only 50pc of luxury leaders expect higher profits this year versus 2023: study

Posted By Luxury Marketer Intelligence On In Advertising & marketing,China,News,Outlook,Research,Retail,Retail,Strategy | No Comments
Hennessy's new flagship store in Shanghai's Taikoo Li Qiantan high-end retail destination targets fans of Cognac. Image: ©ARR, Hennessy Hennessy's new flagship store in Shanghai's Taikoo Li Qiantan high-end retail destination targets fans of Cognac. Image: ©ARR, Hennessy

 

By Luxury Marketer Intelligence

Luxury leaders have a conservative outlook for 2024, with only 50 percent expecting higher or significantly higher profits compared to 2023.