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Uphill battle for Retail in 2024 - now is the time to be proactive
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In the world of luxury, change is on the horizon. After years of record growth, RBC Capital Markets warns of a potential slowdown. The signs are here – LVMH's stock tumbled 7% post-quarterly results, marking its steepest drop since 2020. Analysts are adjusting their sails, anticipating a market correction for slower growth in the coming quarters. Amidst these shifts, proactive engagement becomes paramount. Luxury brands must now reach out and connect with their customers to navigate these changing tides. Join us as we unravel the dynamics reshaping the luxury industry. Stay informed, stay ahead.
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