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Things are looking up for Europe’s luxury sector in 2025.
After an industry-wide slowdown last year, the continent’s high-end industry appears to be on the rebound after a positive fourth-quarter earnings season, CNBC reported. Brands across the sector recorded healthier sales to end off the year, giving the industry a bit of a boost and signaling a turnaround in the market.
Hermès reported a nearly 18 percent jump in fourth-quarter revenue last year compared to the…
