(MENAFN- PR Newswire) DUBLIN, Dec. 7, 2023 /PRNewswire/ — The
“Global Luxury Fashion Market – Outlook & Forecast 2023-2028” report has been added to
ResearchAndMarkets’s offering.
Global Luxury Fashion Market is projected to reach a value of $401.73 billion by 2028 from $280.92 billion in 2022, growing at a CAGR of 6.1% – Outlook & Forecast 2023-2028
The global luxury fashion market has many prominent players and several small players. LVMH, Kering, Burberry, Armani Group, and Prada Group are among the key players in the market. Other global luxury fashion market players include Swatch Group, Moncler, MCM, and others – the rising competition pressures vendors to continuously innovate with a unique value proposition to survive in the industry.
The companies must invest significant money in research and development to introduce new…