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Analysts see strong luxury market in 2026
Yahoo Finance· 2025-12-06 07:47
Here's some good news: luxury is making a comeback. The high-end goods and services category had been experiencing a slowdown as consumers cut back on discretionary spending over concerns about inflation, tariffs, and other persistent headwinds. Sixty percent of U.S. and European respondents to a JP Morgan survey conducted in September reported using resale platforms to purchase second-hand luxury goods. However, the bank said, green shoots started to emerge, due to new creative leadership at fashion ho ...