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Luxury consumers seen nudging sector back to growth despite global tensions

Luxury consumers are cautiously resuming purchases of apparel, handbags, and cosmetics, despite ongoing geopolitical uncertainty

The Independent UK · Jun 25

Even wealthy shoppers are ‘trading down’ to cheaper brands — especially in two types of luxury goods

Just like in politics, the luxury world is experiencing a period of extreme polarization

The Independent UK · Nov 20, 2025

LVMH CEO Bernard Arnault sees wealth skyrocket by $19 billion overnight after months of bleeding billions as shoppers trade designer bags for luxury vacations

It may be a difficult climb for the LVMH chairman to claw back to his January high of $209 billion as researchers project a 3-year slowdown in luxury shopping.

Fortune · Oct 16, 2025

A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse

Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 and the COVID-19 pandemic

The Independent UK · Nov 13, 2024

Study finds global luxury sales flattening amid self-inflicted creativity crisis and price hikes

The post-pandemic surge in global sales of luxury handbags, shoes and apparel is on pace to stall this year amid a creativity crisis and price hikes focused on the biggest spending customers

The Independent UK · Jun 18, 2024

LVMH and Kering felt the pinch in 2023—but a new type of luxury is gaining a share of consumers' wallets

“What we’ve observed in 2023 is a rebalancing of customer appetite," Bain expert says of the luxury industry.

Fortune · Dec 25, 2023

Gen Z and millennials have found a lucrative new hobby thanks to skyrocketing luxury prices: Flipping designer handbags

A perfect storm of scarcity, inflation, and pandemic savings have pumped up the prices of super-luxe bags. Young shoppers are diving into the market.

Fortune · Nov 2, 2023

Global luxury sales set to hit record this year, study says

Luxury spending is growing faster than ever, fueled by pent-up pandemic demand and shifting demographics as younger, more diverse consumers buy into tiny handbag and post-streetwear trends

The Independent UK · Nov 15, 2022

Lex in depth: why the luxury market needs to hedge against China

A shift in spending habits in Asia and a crackdown on wealth by Beijing threaten a profit squeeze for high-end brands

Financial Times · May 8, 2022