Luxury Goods

About 40 results
Article

Lab-Grown Diamonds: Opportunity Ahead or Roadblocks Rising?

28 Apr 25

Lab-grown diamonds (LGDs) have emerged as a significant player in the jewellery market, with global sales reaching nearly USD9 billion in 2024. This rapid expansion has prompted both opportunities and challenges for jewellery brands. As the market evolves, understanding the dynamics of LGDs is crucial for stakeholders to navigate this transformative period effectively.

Fatima Linares

Fatima Linares

Article

Fashion Marketplaces in Europe: Challenges and Opportunities Ahead

12 Apr 24

During the COVID-19 pandemic, apparel and footwear e-commerce witnessed a strong boost in sales, as customers were forced to turn to online shopping owing to restrictions and store closures. Yet, since the easing of restrictions, in-store shopping has bounced back and, with it, the share of online sales dropped. This has left many luxury online players struggling under the pressure of either slowing or declining sales.

Brando De Carlo Coleman

Brando De Carlo Coleman

Article

Top Trends Shaping Personal Accessories in 2024 and Beyond

4 Mar 24

After moderate growth in 2022, global sales of personal accessories grew more strongly in 2023; however, geopolitical issues, the cost-of-living crisis and China’s slow recovery suggest a challenging macro environment, pushing brands to navigate into uncharted waters once again in 2024.

Fatima Linares

Fatima Linares

Article

Coupang’s Luxury Leap: Farfetch Acquisition Fuels Retail Dominance

23 Jan 24

Coupang, a major player in South Korea’s e-commerce, has shown exceptional growth in the country and aims to fulfil its aspiration for global penetration. While its attempt to explore overseas market face challenges, Coupang persists in strategic expansions including recent Farfetch acquisitions. Through the acquisition, Coupang is accelerating its transformation from a retailer primarily focused on household essentials to a more comprehensive platform that includes luxury items.

Lisa Hong

Lisa Hong

Event

MICAMx 2023

Strada Statale del Sempione, 28 – 20017 Rho (Milano) 18 September 2023 14:45 CET

MICAM Milano, the world’s leading footwear fair promoted by Assocalzaturifici, is one of a kind: a benchmark event for dealers from all over the world.

Marguerite LeRolland

Marguerite LeRolland

Article

Three Trends Driving the Global Luxury Goods Market in 2023

7 Jul 23

As the global economy faces slower growth and high inflation, the challenges and uncertainties facing both luxury consumers and key players are escalating. The extraordinary global disruptions over the last few years have led to the rise of a new economic reality that is shaping the consumption of luxury goods and business outcomes today, but is similarly setting the benchmark of what we should expect for the short-term outlook.

Fflur Roberts

Fflur Roberts

Event

LuxuryLab Global

Four Seasons Hotel Mexico City Av. P.º de la Reforma 500, Juárez, Cuauhtémoc, 06600 Ciudad de México, CDMX 20 June 2023 17:15 CT

As consumers increasingly demand the transition to an inclusive society, a unique window has opened for luxury brands to become better agents of social change by aligning their missions, values, and strategies with social purpose.

Fflur Roberts

Fflur Roberts

Article

Top Trends for Personal Accessories (Part 3): Sustainability Beyond the Claims

26 Apr 23

From incorporating low-carbon fibres into the manufacturing process, to responsible sourcing, to labelling and marketing claims, and to giving back to production hubs, personal accessories has major challenges ahead as sustainability takes centre stage globally.

Fatima Linares

Fatima Linares

Video

Luxury and Fashion: What to Expect in 2023?

1 Mar 23

The world continues to be a challenging place in 2023. Just as we thought it was safe to re-engage after the pandemic, the global economy started to look fragile again. In this video Fflur Roberts and Marguerite LeRolland, Euromonitor’s respective Heads of Luxury Goods and Fashion, discuss what they think will be the most impactful trends in the year ahead. How is the industry adapting to new retail preferences as our new lifestyles and working habits take form? What value propositions are consumers looking for in an inflationary environment and a cost-of-living crisis where spending is being squeezed. With the growing urgency in sustainability, what new business models are we likely to see filtering through?

Fflur Roberts

Fflur Roberts

Article

Duty-Free Shopping a Missed Opportunity for UK Tourism?

7 Dec 22

In its autumn budget the UK government announced that it would be re-instating VAT reclaim shopping for inbound tourists (AKA duty free), marking a U-turn as this was abolished in 2021 when the market was worth GBP3 billion, annually. Here we discuss the potential for VAT re-claim once re-instated, the wider role of shopping as a driver of tourism to the UK and how other industries may benefit, such as luxury.

Alexander Goransson

Alexander Goransson

Event

Jewellery & Watch Show

9 October 2022 10:00 GST

Jewellery and Watch Show has successfully showcased the elegance of the jewellery industry, making Abu Dhabi the region's destination for thousands of travelling jewellery and watch designers, suppliers, manufacturers, and wholesalers.

Amna Abbas

Amna Abbas

Event

LuxuryLab Global

Four Seasons Hotel, Mexico City 21 June 2022 11:15 CT

Learn about the newest luxury market trends, presented by the most prestigious speakers of the industry. LuxuryLab Global is the best opportunity to connect with the most relevant and important professionals in the luxury market.

Fflur Roberts

Fflur Roberts

Article

时尚行业未来三大趋势

11 May 22

鞋服是受疫情影响最严重的行业之一,但就在该行业以超预期的速度复苏时,却遇上了诸多动荡,包括充满不确定性的乌克兰危机和飞速增长的通胀率。这不仅意味着生产成本的上升,供应链进一步陷入困境,还会面临消费者支出的减少。 在如此挑战的背景下,时尚行业正加速转型,以适应疫情后的新世界,本文将探讨这些变化对该行业长期而言将意味着什么。

Marguerite LeRolland

Marguerite LeRolland

Article

What's Driving Demand for Luxury Rentals, Post-Pandemic?

22 Apr 22

With the recent announcement from Louis Vuitton on future price increases, Euromonitor explores the future of how we access luxury goods with COCOON founder Ceanne Fernandes -Wong, exploring luxury goods, the circular economy and insights on luxury handbag rental trends.

Euromonitor International

Euromonitor International

Video

Hospitality - Front and Centre

4 Apr 22

The hospitality sector is being transformed as a result of the global pandemic, with consumers expecting heightened cleanliness and safety measures, purpose-driven services and products, bespoke experiences and more responsible business operations supportive of social and environmental causes.

Nadejda Popova

Nadejda Popova

Article

Three Key Trends That Will Shape the Future of Fashion

31 Mar 22

The apparel and footwear industry was among the worst hit by the COVID-19 pandemic, but just as recovery was taking place faster than expected, the industry is now facing more turbulences around the fast-moving uncertainty in Ukraine, galloping inflation rates, which mean rising production costs, further supply chain woes, not to mention weakened consumer spending.

Marguerite LeRolland

Marguerite LeRolland

Event

The Retail Summit

Dubai, UAE 14 March 2022 09:00 GST

The Retail Summit unites global, c-level executives from retail and parallel industries to create and debate the future of commerce.

Euromonitor International

Euromonitor International

Podcast

Fashion Opportunities in the Metaverse

21 Feb 22

As we adapt to an increasingly digitally reliant world, this episode explores how digital innovations, shifts in target demographics, and lifestyle changes caused by the COVID-19 pandemic, are drawing fashion players to this space and highlights the challenges and opportunities facing fashion players trying to capitalise on the expansion of the metaverse and digital fashion.

Jitong Li

Jitong Li