Luxury end of the market hit hard

Worldwide
Published:  01 December, 2020

Normally during troubled times, the luxury end of the leather market remains resilient. In fact, during the financial crash a few years ago, this segment carried on as usual as if nothing had happened. Those with large quantities of disposable income have remained somewhat immune to the spending constraints the rest of the population is dealing with, but the pandemic has caused problems like no other for the leather industry, and this time that includes the luxury end, writes theSauerReport Editor Ian Banks.

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