Actus des entreprises • Analyses & Etudes
Only 50pc of luxury leaders expect higher profits this year versus 2023: study
Luxury leaders have a conservative outlook for 2024, with only 50 percent expecting higher or significantly higher profits compared to 2023.
The same question 12 months ago yielded 81 percent who expected higher profits versus 2023.
The findings are part of Agility Research & Strategy's annual Luxury Leaders Pulse Study, interviewing more than 50 senior and C-suite executives across sectors in Asia, Europe and the United States.
The report provides insights on the priorities and challenges that these executives see in the upcoming year and how they expect the luxury sector to evolve.
Bullish on China, U.S.
Despite all the headwinds, expectations about profits from China are in line with the past year, or towards growth, while approximately 20 percent expect businesses outside China to slowdown this year compared to 2023.
