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Luxury Brands: Diverging Fortunes Amidst Economic Headwinds
Accenture research shows that while 42% of publicly listed luxury companies saw a 0.4% revenue decline in the first half of 2024, some brands thrived by combining brand desirability with operational excellence, leveraging technology and focusing on employee empowerment.
Luxury Brands: Diverging Fortunes Amidst Economic Headwinds
Accenture research shows that while 42% of publicly listed luxury companies saw a 0.4% revenue decline in the first half of 2024, some brands thrived by combining brand desirability with operational excellence, leveraging technology and focusing on employee empowerment.
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