Luxury sales to reach a new high of €283bn this year | WARC | The Feed

Luxury goods sales this year are set to exceed their pre-pandemic level, according to data from consultancy Bain & Company.

Why it matters

Luxury goods sales saw a steep decline in 2020 as a result of the COVID-19 pandemic, but the recovery has been uneven – China and the United States are key areas of growth but Europe and Japan's recovery is far slower.