The capital of European luxury brands will decrease by 251 billion euros in 2026.
According to the Financial Times, the decline in the price offers of the largest companies in the luxury sector occurred against the background of a decline in demand in China. We are talking about six public manufacturers: Kring (brands such as Gucci, Saint Laurent, Balenciaga and others), Richemont, Prada, Moncler, LVMH and Hermès.