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Bulletin

Luxury goods on the crest of the wave?

Published: 27 Apr, 2022

Barely a day goes by without a major luxury fashion brand producing incredible financial results, the period of lockdown was a boom time for online sales, and since the lifting of shopping restrictions around the world consumers have had money to burn, many of these major brands are those that sell high-end luxury leather goods. But how long can this continue, even the top of market must suffer at some stage, even if their clients are often immune to the financial constraints the rest of us live with. Rising energy and taxation increases are being felt in every pocket. Not to mention that many high-end spenders from Russia have had their assets frozen in recent weeks.

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