Tag: Report
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The Luxury Landscape Is Becoming More Introspective, More Adaptive, And—When At Its Best – More Meaningful
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in Automotive, Beauty, Business, Design, DRIVE, Fashion, Gourmet, Holiday, LUST, Real Estate, SHELTER, Sport & Health, Watches|Jewelry, YachtsThe luxury sector finds itself in a dynamic state of reinvention. Marked by audacious collaborations, a resurgence of heritage-driven storytelling, cautious responses to economic headwinds, and increasingly discerning global consumers, the industry is at a crossroads. The latest wave of developments—from fashion and hospitality to mobility and tech—paints a vivid picture of both resilience and…
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Is Fine Dining Dead or Just on a Detox? A Hilarious Take on Culinary Crystal Ball
The Future of Food 2025: A Menu for Thought. Marriott International’s “The Future of Food 2025” report is serving up something hot, and it’s not just the $6.2 trillion culinary tourism forecast for the Asia Pacific (APAC) region. This projection underscores APAC’s emergence as a culinary powerhouse, blending time-honored traditions with innovative dining experiences. From…
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Unlocking the Secrets of Luxury: A Deep Dive into The Annual Report on the Global Luxury Market
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in Art, Automotive, Beauty, Business, Cigars & Spirits, Design, DRIVE, Fashion, Gifts, Gourmet, Hi Tech, Holiday, LUST, Pets, Real Estate, SHELTER, Sport & Health, Watches|JewelryGlobal luxury market projected to reach €1.5 trillion in 2023, a new record for the sector, as consumers seek luxury experiences. The global luxury market is projected to reach €1.5 trillion in 2023, an 8-10% growth over 2022, setting a new record for the industry and proving its unparalleled resilience. These are among the findings…
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Interbrand’s 2023 Breakthrough Brands Report: The Luxurious Legends of Disruption
Interbrand launches 2023 Breakthrough Brands Report revealing the emerging brands disrupting the global market. Interbrand, the world’s leading brand consultancy, has launched its 2023 Breakthrough Brands Report—with the metaverse, AI and sustainable tech brands leading the way in disrupting the global market, shifting our understanding of the world and shaping consumer behavior. Hold onto your…
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The Luxury Industry is Experiencing A New Phase After Its Post-Pandemic Growth. However, Nuances Across Countries Remain
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in Art, Automotive, Aviation, Beauty, Business, Cigars & Spirits, Design, DRIVE, Fashion, Gifts, Gourmet, Green, Hi Tech, Holiday, LUST, Pets, Real Estate, SHELTER, Sport & Health, Watches|Jewelry, YachtsGlobal luxury goods market accelerated after record 2022 and is set for further growth, despite slowing momentum on economic warning signs. The luxury goods market has experienced significant growth and is poised for further expansion, according to the latest report from Bain & Company, a leading global management consulting firm. The report, titled “Luxury Goods…
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65% of Luxury Consumers Take Into Account High-End Brands’ Sustainable Commitments When Deciding on Purchases
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in Art, Automotive, Aviation, Beauty, Business, Cigars & Spirits, Design, DRIVE, Fashion, Gifts, Gourmet, Hi Tech, Holiday, LUST, Pets, Real Estate, SHELTER, Sport & Health, Watches|Jewelry, YachtsLuxury companies are uniquely positioned to help create a better world, say Comité Colbert x BCG. To understand what lies ahead for the luxury industry, Boston Consulting Group (BCG) partnered with Comité Colbert, the France’s luxury authority, to survey luxury sector consumers and interview numerous experts and leaders across the space. The companies identified five…