By  on May 16, 2013

MILAN — The luxury goods market is expected to grow 4 to 5 percent globally in 2013 and 5 to 6 percent on a yearly average through 2015, according to consultancy Bain & Co. This represents a slowdown compared with the past three years, when luxury goods showed annual double-digit growth.

Claudia D’Arpizio, partner at Bain & Co., presented the spring update of the “Luxury Goods Worldwide Market Study” in cooperation with Italy’s luxury goods association Fondazione Altagamma on Thursday.

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