Outlook
March 5, 2024
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.
{"ct":"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","iv":"10ea4d52beade783c79ee507d03ca465","s":"a54ca92d299bd4fe"}
Share your thoughts. Click here