Luxury Fashion Market Forecast: US$ 346.39 Bn in 2029, 4.0% CAGR - Ralph Lauren, Capri Holdings, PVH Corp Forecasting Growth
Luxury Fashion Market Poised for Continued Growth, Driven by Social Media and Rising Wealth in Asia
Market Overview:
The global luxury fashion market is expected to reach a value of US$ 346.39 billion by 2029, growing at a CAGR of 4.0% during the forecast period (2023-2029). This growth is fueled by several factors, including:
Influencer marketing and celebrity endorsements: Social...
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