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NBC News

COVID-19 Presents Challenges for Luxury

BCG’s Sarah Willersdorf discusses with NBC News the fall of luxury sales since the pandemic. According to a recent report by BCG, global luxury sales could fall around 29% in 2020. Willersdorf explains that if a vaccine takes longer to develop, luxury companies may struggle to regain momentum and consumers may be less willing to purchase premium goods.

NBC News
In the News