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The School

Die Krise der Luxusindustrie

HEC Paris - © Absolut Vision

Die Frankfurter Allgemeine Zeitung examines the luxury industry's sharp slowdown after years of rapid growth, arguing that the sector is facing a crisis largely of its own making. The article suggests that repeated price increases and an increasing focus on exclusivity have alienated parts of the customer base, forcing luxury brands to rethink their strategies in a more challenging market environment.