By  on November 28, 2019

MILAN — Despite a recent contraction in fine art sales and fluctuations in jets and yachts, demand for luxury continues to grow.

According to the Altagamma Worldwide Luxury Market Monitor by Bain & Co. presented here on Thursday, the global luxury market is expected to reach 1.26 trillion euros in 2019, up 8 percent compared with the previous year, or 4 percent at constant exchange rates.

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