Market Growth Projections

Global luxury market contracted 2% to 358 billion euros.
50 million customers lost due to price hikes and creativity crisis.
New acquisitions fell 5% in past year.
Middle East and rest-of-world grew 4-6% to 23 billion euros.
Mainland China and Japan face 8% slowdowns to 42 billion and 31 billion euros.
2025 spending expected flat at 1.44 trillion euros.
Next year growth projected 3-5% to 365-375 billion euros.
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