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May Sales Disappoint At Department Stores, Except At High End
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Luxury Goods - Worldwide | Statista Market Forecast
Luxury Goods - Worldwide. In 2024, the Luxury Goods market is projected to generate a revenue of US$368.90bn. This market is anticipated to grow at an annual rate of 3.22% (CAGR 2024-2028). The ...
The 2023 Luxury Report: The Big Brands, Items, and Trends - Who What Wear
In Who What Wear's annual Luxury Report, we discuss what resonated most strongly in designer fashion in 2023—including the brands that made a big mark, the impossible-to-track-down It items that dominated the style set, and how product sourcers are changing the way people shop—and look forward to where fashion is headed in 2024.
Luxury Report 2021: From Surging Recovery to Elegant Advance—the ...
Sales of luxury cars, the biggest portion of the overall market, beat their 2019 record, reaching €551 billion, 7% to 9% more than 2020 at current exchange rates, and 0% to 1% up from 2019. Asian outperformance helped sales weather supply chain disruption.
Luxury market outlook | J.P. Morgan Research
During the current cost-of-living crisis, consumers are cutting back on spending — but demand for luxury goods remains high. In the fourth quarter of 2022, the luxury market grew 7% organically year-over-year, figures from J.P. Morgan Research show. “Investors are seemingly turning more constructive on the luxury sector,” observed Chiara ...
How 2021 Reshaped the Luxury Market | BoF - The Business of Fashion
In 2021, online luxury sales grew by 27 percent to €62 billion (about $71 billion), Bain said. That’s 2.5 times higher than 2019 levels, with the share of the market stable at 22 percent despite the reopening of physical stores that spent much of 2020 shuttered due to coronavirus precautions.
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