2.55 Chanel Bag Chanel Executive Blames “Luxury Fatigue” for DROP in Luxury Goods Demand An executive from Chanel states that this drop in demand is in lieu of a new phenomenon called “luxury fatigue.”
Designer Brands LVMH Sales DOWN, Demand for Luxury Bags DROPPING Among High End Customers According to Fortune, LVMH, the French luxury conglomerate renowned for apparel, watches, and spirits, witnessed a slowdown in sales growth in early 2024.
