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June 2023

23 Jun

Global Luxury Goods Market Set for Continued Growth in 2023

by Beauty Tips
Fashion, Featured
Global Luxury Goods Market Set for Continued Growth in 2023
MILAN – The worldwide appetite for luxury goods continues to be healthy. Bain & Company’s Luxury Goods Worldwide Market Study – Spring 2023, presented on Friday with Altagamma in Milan, shows the non-public luxury goods market is projected to grow between 5 and 12 percent in 2023, or between 360 billion and 380 billion euros,  following a record 12 months in 2022, despite geopolitical tensions and macroeconomic uncertainty. Last 12 months the sector reached a market value of 345 million euros, and by 2030 it's more likely to reach between 530 billion and 570 billion euros. That is around 2.5 times its size in 2020. The primary quarter of 2023 continued to indicate good momentum, leading to growth of between 9...
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23 Jun

Dior Scientific Advisory Board on ‘Reverse-Aging’ Poised to Meet

by Beautifaire101
Beauty, Featured
Dior Scientific Advisory Board on ‘Reverse-Aging’ Poised to Meet
PARIS — Parfums Christian Dior is delving deeper into the sector of longevity, with a deal with “reverse-aging.”   The LVMH Moët Hennessy Louis Vuitton-owned brand is convening in Paris the primary international scientific advisory board dedicated to the topic. On Monday and Tuesday of next week, 18 scientists from around the globe, with varied specialties, will meet with 600 Dior science researchers to debate the burgeoning topic. In the sweetness industry, health, then well-being, were buzzwords within the recent past. Now, with their convergence and scientific advances, longevity is becoming a crucial talking point and industry shape-shifter. Its influence is anticipated to be widespread, on every thing from product creation to services, as people’s life span and mindset proceed stretching. Their...
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