Gucci, Louis Vuitton and co lose their buzz in Australia as flagship stores flounder

After years of rapid growth, luxury purveyors in Australia appear to be flatlining, finally caught up in the cost-of-living crisis confronting the nation’s shoppers. After years of rapid growth, luxury purveyors in Australia appear to be flatlining, finally caught up in the cost-of-living crisis confronting the nation’s shoppers. Business / Companies Sydney Morning Herald – Latest News