The luxury industry has come roaring back, experiencing a V-shaped recovery this year. Report

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

Americans plan to hit the roads and skies for the holidays. Why this matters. Report.

    Americans plan to celebrate the holidays with family and friends, even as health and financial concerns continue to weigh on travelers. “Nearly two years into the isolation brought on by the pandemic, people are eager for the warm embrace of family and friends. Americans are ready to travel and experience holiday celebrations together, … Read more

Banking, telecoms, and insurance are Africa’s most valuable sectors. Report

    South African Brands Dominate Ranking of Africa’s Most Valuable. MTN retains title of Africa’s most valuable brand, brand value US$2.7 billion. Capitec Bank overtakes Vodacom as Africa’s strongest brand, Brand Strength Index (BSI) score 89.2 out of 100. South African brands dominate the Brand Finance Africa 150 2021 ranking once again, with the … Read more

How did new and used yacht sales and deliveries really fare during the pandemic. Report.

How did yacht sales and deliveries really fare during the Covid-19 pandemic? After what has been an unusual year, Superyacht Times and Monaco Yacht Show offer a preview of the yachting market report and the industry’s performance in 2020. The State of Yachting is the flagship publication of SuperYacht Times. Now in its fifth year, … Read more

Smart Homes – a New Benchmark for Eco-Friendly Living. Report.

    Smart home technologies are narrowing the digital divide for older, less tech-savvy consumers, according to fresh consumer research that provides an in-depth analysis of the habits and lifestyles of U.S. smart home users. While most research on the topic has focused on the technology, this new study – the 2021 LG ThinQ Smart … Read more

If current market dynamics persist, luxury could return to 2019 levels as of this year. Report

  Global Personal Luxury Goods Market On Track For Recovery. Two possible scenarios for the luxury industry rebound in 2021. Following a turbulent year, the luxury market has started its path towards recovery. The luxury industry returned to growth in the first quarter of 2021, growing by 0-1% versus 2019, which is viewed by the … Read more