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Q4 2022 Report
Over the last three years, the luxury market has experienced a whirlwind of change. In the lead-up to the pandemic, the personal luxury goods market grew 7 percent in 2019, reaching $300 billion globally.
Amidst rising interest rates, bank failures, stock market swings and stubbornly persistent inflation, the U.S. economy is teetering dangerously close to a recession.
