Now, the city questions its future. Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain consultancy study ...

Individual consumers drive the growth of the Luxury Goods Market by seeking exclusive and high-status products that reflect their personal style ... Each sample we share contains a detailed ...

The U.S. jewelry market grew 5% in 2024 to $85.4 billion, but affluent consumers are pulling back on planned jewelry ...

As the industry experiences a downcycle, strong branding amplifies pricing power and supports fuel for long-term growth. The luxury industry is a competitive niche in the consumer cyclical space ...

Bain & Company reported a global market value of €1.5trn, with personal luxury goods reaching €362bn – a four percent increase at current exchange rates and eight percent at constant rates. Notably, ...

According to Bain, the country's personal luxury goods market increased from 29 billion euros ($31.4 billion) in 2023 — a 27% increase from the year before at constant exchange rates.

An increasingly maturing retail sector, global and regional macro-economic factors, combined with dampened consumer confidence is translating into a market that is growing much slower than before. The ...

Global luxury sales set to hit record this year, study says Global sales of personal luxury ... The luxury market is no exception. Big luxury goods companies will be pressured to make acquisitions ...

MILAN (AP) — Global sales of personal ... luxury market, following Europe, worth about 100 billion euros ($106 billion), or nearly one-third of all global high-end sales of apparel, leather ...