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

China continues to dominate the luxury scene, says Bain & Company’s report

      The global personal luxury goods market reached a “new normal” pattern of growth, says Bain & Company’s report According to Bain & Company‘s new report, the future of the luxury industry is taking shape with a number of key characteristics, including Chinese Generation Z, access, ownership, sustainability and social responsibility, the impact … Read more