Luxury Goods

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Podcast

Sustainability in Fashion: Intention vs Action

Amy Rollinson

Amy Rollinson

26 Oct 21

The aftermath of Coronavirus (COVID-19) has been characterised by stark tensions and contradictions. These range from social empathy and a sense of community to a “me first” attitude of self-interest; from risk aversion to compulsive behaviour; from cautious spending and “less stuff” to indulgence spending and comfort clutter. These choices and behaviours vary from individual to individual, but we are seeing consumers engaging with both sides of the trend. They are risk averse in some aspects of their lives whilst throwing caution to the wind in others. Fashion sees consumer interest peak in sustainable and ethical brands, while fast-fashion remains an affordable convenience for many.

Event

Luxury Lab Global 2021

Euromonitor International

Euromonitor International

Hybrid Summit 8 Nov 21 | CT: 08:30 AM
Event

HITT - Hospitality Inside Think Tank

Euromonitor International

Euromonitor International

13 Sep 21 | CET: 07:00 AM
Article

Luxury Spending in Asia Pacific Beyond Coronavirus: Key Strategies for the Future

Euromonitor International

Euromonitor International

31 May 21

A version of this article originally appeared in Retail in Asia.  The Coronavirus (COVID-19) global pandemic has had a serious impact on the global luxury market. According to Euromonitor International’s Luxury Goods 2021 edition, the global market…

Podcast

Optimism for the Luxury Goods Market in China

Fflur Roberts

Fflur Roberts

13 May 21

After a slump in the first quarter of 2020 due to lockdown measures, the luxury market in China rebounded much faster than expected. This was mainly due to pent-up demand for shopping, but also due to an increase in local consumption. Although China…

Podcast

Fashion Friday: Luxury Market Recovery in Asia Pacific

Euromonitor International

Euromonitor International

26 Feb 21

Speakers: Jane Zhang, Yuri Gorai and Kemo Zhou The Coronavirus pandemic has had a serious impact on the global luxury market. According to Euromonitor International’s latest research, the global luxury market has shrunk by 15 percent in current value…

Article

Global Wealth Landscape: Insights Into Major Wealth Markets

An Hodgson

An Hodgson

17 Feb 21

Companies targeting affluent consumer segments – such as wealth management firms and providers of luxury goods and services – must remain on top of global wealth trends if they are to capitalise on market opportunities. According to Euromonitor…

Article

China’s Wealthy and Affluent Consumers to Avoid Regional Downturn in Income

An Hodgson

An Hodgson

21 Dec 20

In 2020, the population of the world’s top three wealth segments – ultra-high net worth individuals (ultra-HNWIs), high net worth individuals (HNWIs), and affluent  – are set to decline by 4.8% collectively over a year earlier. The wealthy and…

Article

Physical Stores Have Biggest Part to Play in Luxury and Fashion

Fflur Roberts

Fflur Roberts

4 Dec 20

While effects vary considerably across different retail channels, the global fashion and luxury goods retail industry has been hugely affected by the Coronavirus (COVID-19) pandemic. In recent years the industry has faced looming threats of a trade…