Luxury goods companies were spared their worst case scenario in Sunday’s EU-U.S. trade deal but they face a delicate ...

Amid the COVID-19 crisis, the global market for Luxury Goods estimated at US$224.8 Billion in the year 2020, is projected to reach a revised size of US$296.9 Billion by 2026, growing at a CAGR of ...

This information is given byFortune Business Insights™in a new report, titled, “Luxury Goods Market, 2020-2027.” The report further states that the market size wasUSD 316.16 billionin 2019.

Bain estimates that spending on personal luxury goods could be on track for a "continued slip." In a worst-case scenario, Bain estimates the market for personal luxury goods could shrink by 5% to 9%.

Photo by Luca Bruno / THE ASSOCIATED PRESS MILAN (AP) — Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain ...

2. Since 2012, the MSCI Luxury Goods index has clobbered the MSCI Europe index, rising 342% versus 75%. The sector rebounded strongly after the pandemic.

Luxury goods market faces a potential 5% drop, its worst downturn since 2009 (excluding 2020). Consumers, disillusioned by post-pandemic price hikes and stagnant creativity, are detaching from brands.

Top luxury brands have increased prices at the slowest pace since 2019 this year as the industry adapts to a longer-than-expected downturn and wealthy consumers push back after years of rampant rises.

2025 was tipped as the year when China would become the world’s biggest luxury goods market. For years the country’s growing middle class had been a mainstay of luxury goods sales, snapping up ...