![]() ![]() The recovery is expected to be supported by a strong holiday shopping season, Bain said. That’s a return to 2019 levels and a turnaround from the gloom of the 2020 pandemic lockdowns that shuttered stores and halted international travel. Global consumer spending on personal luxury goods, including the latest sneaker trend or design collaboration, is forecast to spike by 29% this year, to 283 billion euros ($325 billion). ![]() ![]() shoppers outspent those in China in pursuit of the latest fashion trends, according to a study released Thursday by the Bain consultancy. MILAN (AP) - The personal luxury market of high-end accessories, leather goods and apparel has snapped back to pre-pandemic levels as U.S.
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