Global sales of personal luxury goods are expected to decline in 2025 for the first time since the Great Recession, influenced by potential tariffs from Donald Trump. The luxury market may face challenges due to rising prices and a decrease in consumer confidence, particularly among Gen-Z shoppers. Despite a rebound post-COVID-19, the market has lost 50 million customers, with sales projected to drop by 2% next year. Teljes cikk (Euronews.com)