Luxury Industry Not Expected to Recover From Coronavirus Until 2022

As CNBC points out, Bain & Company has issued its latest luxury report, dubbed "Bain & Company Luxury Study 2020 Spring Update." Published in partnership with Altagamma a foundation that represents Italian luxury manufacturers, the findings illustrate the long term effects of the ongoing coronavirus pandemic.Luxury conglomerates and retailers alike have taken the effects of the disease's global sp