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From The Economic Times

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Global luxury goods industry set for recovery in 2027, US to remain bright spot: Goldman Sachs

Global luxury goods industry set for recovery in 2027, US to remain bright spot: Goldman Sachs

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The global luxury goods industry is expected to witness a recovery after several years of sluggish sales performance, with revenues of major listed luxury brands projected to grow by 7 per cent in 2027, with the US likely remaining the "bright spot," according to a report by Goldman Sachs.

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