Luxury goods market faces a potential 5% drop, its worst downturn since 2009 (excluding 2020). Consumers, disillusioned by post-pandemic price hikes and stagnant creativity, are detaching from brands.
The market is projected to grow at a 4.32% CAGR from 2026-2031, driven by rising affluent consumers, omnichannel retail expansion, and increasing demand for heritage luxury brands.Hyderabad, India, ...
The luxury goods market is projected to soar to USD 704.95 billion by 2033, exhibiting a robust CAGR of 7.02% from 2025. This growth is driven by rising disposable incomes, expanding middle-class ...
Personal luxury goods market to shrink for first time since the 2008 financial crash, research finds
The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid period, a new report showed Wednesday. Global economic uncertainty and ...
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 released Wednesday. The outlook could worsen if ...
Dublin, July 01, 2025 (GLOBE NEWSWIRE) -- The "Personal Luxury Goods Market Research Report 2025-2030" report has been added to ResearchAndMarkets.com's offering. The Personal Luxury Goods Market was ...
While the luxury goods sector is complex, it also offers opportunities for those willing to navigate its nuances. In the words of Warren Buffett, “Price is what you pay. Value is what you get.” ...
Exclusive: Top British official presented idea in Brussels but sources say it was rebuffed ...
Financial markets took a hit this week amid mounting worries of a global recession. The economic downturn of 2008-2009 shaved 9 per cent off the value of the luxury goods market, although it recovered ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results