“The luxury sector is in a key position to benefit from growing environmental awareness and consumers adopting more conscientious shopping behaviours, such as buying fewer but better quality items and…
Global
Retail
Prestige/Luxury Goods
simple
International Luxury Retailing Market Report 2023
“The luxury sector is in a key position to benefit from growing environmental awareness and consumers adopting more conscientious shopping behaviours, such as buying fewer but better quality items and investment pieces.
“The luxury sector is in a key position to benefit from growing environmental awareness and consumers adopting more conscientious shopping behaviours, such as buying fewer but better quality items and investment pieces. Amid a raft of proposed legislation on sustainability and supply chain transparency in Europe, luxury companies can benefit from taking early action and prioritising investment in transparency and circularity.”
– Tamara Sender Ceron, Associate Director – Fashion Retail
Key issues covered in this report:
The impact of rising inflation on the luxury goods market
The total value of the luxury goods market, the value by product segments and by regions
Where consumers buy luxury goods and which channels they use
Shopping behaviours when buying luxury goods by country
Interest in future innovations when shopping for luxury items
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