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Luxury market news and archive

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Business

Global luxury “stays resilient” despite economic uncertainties and consumer shifts

Global luxury markets proved resilient into 2025, as consumers worldwide spending reached 1.44 trillion euros, to stand broadly flat compared with last year, with the luxury sector expected to improve in 2026, according to management consulting firm Bain & Company, in partnership with Altagamma, the Italian luxury goods manufacturers’ industry...

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FeaturedMember
Business

The great luxury reset: challenges and opportunities for luxury brands

The Independents Group, a collective of communications agencies, together with brand building agency Karla Otto has published a white paper that looks at the shifting drivers behind the luxury market. While historically, luxury items have served as markers of status and shaping consumers' identity, today consumers are seeking out brands that...

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