Luxury Market
16 articles
Conscious Consumption's Luxury Market Reshape: Experiences Trump Status
The traditional luxury goods market is shrinking, with sales declining 3% from $417 billion in 2023 to $405 billion in 2025, according to Forbes .
Luxury Brands Lag in AI for Consumer Discovery Amid Market Shift
In 2024, the luxury market shrunk by 2%, resulting in the loss of approximately 50 million consumers, according to Vogue .
The Quiet Luxury Shift: How Evolving Values Are Reshaping Brand Adaptation
A recent survey reveals a profound shift in the opulent landscape: 70% of high-net-worth individuals now gravitate towards unbranded luxury, a stark reversal from a decade ago when visible logos reign
Why Creative Vision Fuels Quiet Luxury Accessory Demand
Matthieu Blazy's debut collection for Chanel unveiled sculptural lady heels, delicate Camellia brooches, and petite bowling bags that vanished from shelves almost instantly.
Frasers Group launches takeover bid for Hugo Boss stake
Frasers Group, already a significant stakeholder, launched a €2 billion bid to acquire the remaining 74% of German fashion house Hugo Boss.
Accessible luxury is challenging traditional brands' cultural relevance in 2026.
Louis Vuitton's brand valuation plummeted from $112 billion in 2025 to $87.
Grandma Fashion Meets 00s Trousers: Designers Reinterpret Trends
A pair of 'grandma core' loafers, once dismissed as orthopedic, vanished from a high-fashion drop in hours, their price tags mirroring designer sneakers.
G-III invests $500M in Marc Jacobs deal for expansion
G-III Apparel Group is investing approximately $500 million to fund its portion of the Marc Jacobs deal, contributing to an overall valuation understood to be around $1 billion, according to Vogue .
K-Culture's Luxury Market Dominance Shapes 2026 Trends
In 2022, South Korea, a nation of 51 million people, outspent every other country globally on personal luxury items per capita.
Local Brands Surge as Consumer Preference Shifts Away from Global Luxury
During the recent Tmall Double 11 shopping festival, local Chinese handbag brands Songmont and Qiuzhen surged into the top three in sales, nearly eclipsing long-time leader Coach.
Why Gen Z Buys Secondhand & Mid-Priced Instead of Traditional Luxury
In 2025, the secondhand clothing market grew four times faster than the broader apparel industry.
Independent Luxury Brands Struggle Amid Economic Polarization
In the Swiss watch market, brands priced below 3,000 Swiss francs are fighting to maintain margins, while hyper-luxury players capture the lion's share of market value.
Quiet luxury's social media reign faces a reckoning in 2026.
Jonathan Anderson, the creative director who quadrupled Loewe's revenue to $1 billion, dismisses the 'quiet luxury' trend as a 'stifling, boring concept,' comparing it to carbon monoxide, according to
Kering invests in Icicle owner ICCF Group
Last year, Chinese luxury brand Icicle generated over EUR300 million (USD324 million) in global revenue, a figure that recently attracted a minority investment from luxury giant Kering in its owner, ICCF Group.
Luxury Brands Bet on Ultra-Exclusivity Amid Geopolitical Turmoil
The global luxury market is projected to grow 4-6% annually over the next decade.
What Is Conscious Consumption in the Luxury Market?
The fast fashion industry's environmental impact compels us to rethink our purchases. Discover conscious consumption in the luxury market, a movement championing intention, ethics, and sustainability.