By  on November 15, 2018

MILAN — Sales of personal luxury goods are expected to post an average yearly growth of 3 percent to 5 percent at constant exchange rates from 2018 until 2025, according to the Bain & Company Luxury Goods Worldwide Market Study released on Thursday as part of the Altagamma Worldwide Luxury Market Monitor.

This would mean a forecast of total revenues of between 320 billion euros and 365 billion euros in 2025. The study expects the growth will be driven by “solid fundamentals” and the attitude of global consumers.

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