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Tag: business

Luxury consumer confidence drops

According to the latest SAKS Global Luxury Pulse survey, 45 percent of luxury consumers reported “feeling calm about the economy” which, while down 12 percentage points on…

Alex Mason 28 April 2025

Luxury brands and retailers expect more turbulence in 2024

With wars grinding in Ukraine and the Middle East, and a record number of countries holding elections in 2024, consumers are, understandably  anxious, and more…

Alex Mason 15 January 2024
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Luxury retail could slow down in 2024

Following years of growth, the luxury industry might face a slowdown, according to RBC Capital Markets. LVMH’s stock price falling -7% following its quarterly results, its biggest…

Alex Mason 5 December 2023
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Personal luxury goods market to reach 360-380 billion in euros by 2025

The personal luxury goods market is exhibiting an impressive rebound, according to new data from Bain & Company. With fuel from a successful 2021 holiday shopping season,…

Alex Mason 7 July 2022
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