Luxury fashion is facing a worsening slowdown as weaker consumer demand, inflationary pressures, and shifting spending priorities challenge brands’ growth and pricing strategies.
LuxExperience, Mytheresa’s parent, is gaining momentum by focusing on ultra-wealthy luxury shoppers while broader high-end fashion demand remains challenging.
Luxury stocks may be nearing an inflection point as weak confidence and subdued earnings growth create a contrarian setup, though the recovery remains fragile.