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How Luxury Lost 50 Million Customers

Business of Fashion 22 May 2026 2h ago
How Luxury Lost 50 Million Customers
64
Relevance
3/25
Freshness
25/25
Authority
25/20
Brand Signal
6/15
Depth
5/15
Relevance Freshness Authority Brand Depth
Price hikes, diminished quality, growing inequality and the meaning of luxury itself were under the microscope at the FT’s Business of Luxury Summit this week as the sector struggles to recover from a downturn, writes Imran Amed.
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