www.g4media.ro/a-devenit-luxul-prea-scump-chiar-si

Luxury goods prices have surged significantly since 2019, with some items increasing by over 90%. This rise has led to a decline in the consumer base, with estimates suggesting a loss of 60-70 million luxury consumers in two years. Many affluent buyers are now questioning the value of luxury products, leading to a shift in spending towards more affordable brands. The luxury market is experiencing stagnation, with profits dropping to levels seen in 2009. While some brands like Hermès continue to thrive, others are struggling as consumers become more selective and sensitive to price increases without corresponding improvements in quality or creativity.