Luxury Discounting Surges as Pricing Power Breaks - Dior’s Reset, LVMH Margin Pressure, Bain’s Blind Spots & Ferrari in Paris
Luxury’s pricing power is cracking, with 35–40% of goods now sold at discounts and margins under pressure after years of price hikes. While Bain frames the slowdown as cyclical, signals from wine & spirits, secondary markets, and Ferrari’s weakening collector demand for newer...