The Geopolitical Canvas: From Fragrance to Finance, Luxury’s New Map

The premium and luxury sector continues to demonstrate a fascinating blend of resilience, tectonic shifts in geographical focus, and a deep embrace of experiential technology. This past week’s headlines illustrate a market that is simultaneously grappling with a more frugal high-net-worth consumer and rapidly expanding its presence into new cultural and digital frontiers, from Mexico … Read more

The Great Rebalancing: Travel spending shifts back to experiences over things. Report

  The desire to travel is strong, and consumer and commercial demand for air travel, measured by flight bookings, accelerated meaningfully in early 2022. Could this be the start of travel’s long-awaited recovery? Cruises, buses and trains see strong spending rebound in 2022 as Covid restrictions loosen. Mastercard Economics Institute: Pent-up demand drives global leisure … Read more