millennials

Luxury’s Tightened Purse: Deloitte Data Reveals a ‘Cautious Class’ Leading the 18% Decline in Holiday Travel Budgets

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The Affluent Paradox: Luxury Travel‘s New Landscape of Frugality and Focus The latest Deloitte 2025 Holiday Travel Survey presents a fascinating, almost paradoxical, snapshot of the premium travel market: a consumer base that is more intent on traveling than in recent years, yet is simultaneously demonstrating acute financial caution, particularly among the highest-spending segment. For … Read more

The nouvelle vague of the luxury goods market will demand evolution amid disruption. Report

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“The nouvelle vague – the new wave – of the luxury goods market will demand evolution amid disruption, adaptation amid uncertainty, and an expansion of creativity in all of the basics – all while new trends and concepts develop”, said Claudia D’Arpizio, a Bain & Company partner and leader of Bain’s Global Luxury Goods and … Read more

The world is experiencing one of the most accelerated periods of wealth creation. Report

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    Global Prime Property Prices Surged in 2021 Amid Soaring Asset Prices. The state of the prime property market. Report. Even if luxury homes were purchased initially as a vacation residence, HNWIs are increasingly using these homes for primary home purposes and for longer periods of time. These are the finding of Forbes Global … Read more

Diamond Insight: Younger generations more interested in ethics and sustainability as the new status in luxury

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  New Research Highlights Generational Shift In Attitudes Towards Provenance Of Luxury Goods. New research published this week in De Beers Group‘s latest Diamond Insight ‘Flash’ Report highlights that consumer attitudes towards provenance are changing as younger generations value ethics and sustainability assurances beyond simply knowing where a product originated. This new research by De … Read more

The pet effect is real: How pet parents think about their pet’s mental health?

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  Five proactive tips for pet owners to promote the mental health of pets. Most pet parents are aware, either consciously or subconsciously, that ‘the pet effect’ is real, meaning, pets contribute to our emotional, social, & physical wellbeing. But how many pet parents think about their pet’s mental health? To better understand cat and … Read more

Millennials in search of luxury at the forefront of rebounding U.S. traveler confidence. Study

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  The high income Millennial demographic are most likely to spend big on travel this year. Study. High income Millennial demographic that are most likely to spend big on travel this year, with a majority already booking luxury trips – thanks to a strong desire for self-care and relaxation. These are the findings of a … Read more