Electric vehicles to reshape the automotive and mobility industries faster than anticipated. Report. Bain expects the profit pool for the EV charging sector in the US, Europe and China to grow to up to €13.5 billion by 2030. New research from Bain & Company shows electric vehicles (EVs) are set to reshape the automotive … Read more
Bain & Company expects the wealth management market to double in size, exceeding $500 billion in revenues by 2030 Bain & Company released today a new study on the wealth management market, predicting customer demand for wealth management services to surge to more than $500 billion by 2030—double the size of the market in 2021. … Read more
The French chain of cosmetic stores Sephora announced the sale of 100% of the shares of its subsidiary in Russia to its local General Manager, reported the press service of the LVMH luxury holding, which owns Sephora and operated stores in 34 cities in Russia. Sephora enters into an agreement for the sale of 100% … Read more
How investors are creating value by helping forests, wetlands, and grasslands flourish. Natural climate solutions (NCS) include forests, grasslands, and wetlands that can either sequester carbon or, through preservation, prevent its release. NCS also represent a new source of potential growth for investors, say Bain & Company experts. Natural climate solutions (NCS) will play an … Read more
How can we enable the return of the luxury tourism sector? Walpole’s 2022 insight report outlines the economic impact of luxury tourism on Britain’s economy and government action needed to ensure UK recovery matches European counterparts. Walpole, which includes Burberry, Harrods, Claridge’s and V&A amongst its members, is calling for reintroduction of the VAT RES … Read more
After a sharp contraction in 2020, the personal luxury goods market grew by 29% at current exchange rates to hit EUR 283 billion, increasing the size of the market by 1% versus 2019 levels. For the future, Bain & Company estimates that the personal luxury goods market could reach EUR 360-380 billion by 2025 with … Read more