economy
Throughout history, the world of business and great fortunes has been predominantly male-dominated. However, in…
The luxury industry is undergoing a profound transformation, shaped by new consumer behaviors, emerging technologies, and shifting global markets. This report offers a strategic vision of the next five years, identifying key trends and potential disruptors that will redefine the sector.
The luxury economy is set for significant change by 2025, driven by digital transformation, sustainability, and experiential luxury. Online sales are projected to grow, integrating technologies like VR and blockchain. Ethical practices will rise, and new luxury markets in Asia will expand. Technological advancements will create novel luxury goods, while smart cities will enhance real estate value.
The global luxury market is projected to reach €1.5 trillion in 2023, an 8-10% growth…
The luxury travel market is expected to grow significantly in the coming years due to…
