Luxury industry in Asia continues growth, while China stagnates (McKinsey)
After years of impressive growth, China’s economy is now worth $18 trillion and its apparel market is the second largest …
AI-powered authenticators still cannot stop counterfeit luxury goods
Artificial intelligence still cannot compete with humans when it comes to scams, rip-off products and copycat items. Fake people can’t stop …
Luxury industry must focus on creativity, content and entry price
In the post-pandemic period, the main luxury companies have doubled their sales and increased their EBIT by over 600 basis …
Global luxury market 2025 growth slowing down (Bain – Altagamma)
Global luxury spending is expected to reach sales of nearly 1.5 trillion euros in 2024, according to the Altagamma -Bain Worldwide Luxury Market Monitor 2024 presented in …
Luxury travel trends in 2025 (report)
Travellers are increasingly seeking for transformative experiences.They also want to forge deeper connections with family, friends and new surroundings through …
China’s luxury market continues downturn
“Being expensive is no longer enough,” said BrighterBeauty’s Jessica Gleeson. “Chinese consumers have discovered that the ability to buy more …
