Just the right amount of hand-picked luxury marketing news and market intelligence
:: FACETS ::
→ (WWD) Will Luxury Bounce Back in 2025? It’s Hard to Call: Richemont's surprise 10 percent uptick in third-quarter revenue sent a jolt of energy — and hope — through the markets, but analysts remain divided as to whether the luxury giant's success signals a wider recovery. Read more
→ (Bain & Co.) Luxury in Transition: Securing Future Growth: The latest Bain-Altagamma Luxury Goods Worldwide Market Study forecasts long-term growth after spending dipped in 2024, although reinvention is needed for brands to benefit fully. Read more
→ (WSJ) The Art Market Had a Rough Year. Here’s How It Plans to Turn Things Around: Falling sales have cast a shadow over Sotheby’s and Christie’s, but the houses are betting big on younger collectors and luxury goods in 2025. Read more
→ (Fortune) Jaguar Land Rover is betting wealthy customers will pay extra to paint their car the same color as their private jet or yacht: JLR'’s Special Vehicle Operations caters to the well-heeled with exclusive options not available to the conventional buyer. Read more
→ (Fashion Network) Miu Miu tops Lyst Index again, but accessibly priced labels are in demand too: Shopping platform Lyst has released its latest Lyst Index — and once again, Miu Miu has topped the table. Read more
→ (Bank of America) Luxury is back in fashion?: Luxury spending’s decline over the past two years could be reversing, with notable growth in high-end hotels and shopping abroad. Read more
→ (Reuters) China enters 'new normal' for luxury market with flat sales expected in 2025: China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales expected to remain flat this year. Read more
→ (Quartz) Single women are the new dominant force in luxury real estate: Women are set to control more wealth than ever before. Read more
→ (CNBC) LVMH watch and jewelry CEOs see luxury sales picking up in 2025: Sales of watches and jewelry at luxury giant LVMH rebounded in the latest quarter and continued to shine into January, according to several of the company’s brand CEOs. Read more
Flash Stats: U.S. retail executives believe that consumers will prefer to spend on experience over goods (80 percent), higher use of Gen AI for shopping (71 percent), product purchases increasing on social media (68 percent), more frequent shopping trips with smaller basket sizes (67 percent) and valuing lower prices over brand loyalty (56 percent) - Deloitte's 2025 Retail Report
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