✉news LifeFashion first seen 3 d ago, last 3 d ago, peak #27
Luxury's US Lifeline May Be Wearing Thin
Original: Luxury’s US Lifeline May Be Wearing Thin
Luxury brands have leaned heavily on American shoppers to offset weak demand in China and Europe, but that support may be fading. The warning suggests US consumer appetite for high-end goods is cooling, which would remove a key pillar of growth for the sector. Industry watchers are questioning how long American spending can keep carrying global luxury sales.
Why now: Concerns are growing that US demand, the main growth driver for luxury houses, is weakening.
luxury industryUnited StatesThe Business of Fashion
Evidence
- Luxury’s US Lifeline May Be Wearing Thin · The Business of Fashion
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