The Economics of Luxury Goods During The Pandemic
NEWS HEADLINES – Globally, L’Oréal said the beauty market value has fallen 13-14% in the first half of the year, with luxury beauty, professional beauty, makeup, and fragrance sales all falling around 25%. As per a recent study by Boston Consulting Group in association with Altagamma, it is predicted that COVID-19 can bring down global luxury sales between 30…