Global luxury industry is stagnating but points towards recovery
The global luxury industry slows its decline, but it is still stagnating. The consumption of high-end goods faces the end …
More luxury brands target India but challenges remain
French retailer Galeries Lafayette is the latest luxury retailer to enter India with a a sprawling five-floor outlet in Mumbai, …
As China shows signs of recovery, luxury brands step up engagement with the wealthy
As Chinese shoppers dip toes back in the luxury pool, brands are targeting economically resilient high-earners with distinctive, personalised experiences …
China should not be overlooked in the recovery of the global luxury industry
Over the past 30 years, the luxury industry has experienced organic growth of 6-8%, but this pace is unlikely to …
The second-hand fashion and luxury goods market to reach $360 billion by 2030
With annual growth averaging 10%, the second-hand fashion and luxury goods market is expanding three times faster than the market …
China shows no signs of a imminent recovery
Disappointing data on Chinese consumption is coming in for the Mid-Autumn Festival, which is held annually in China on the …
