Consumer Spending

6 articles

A luxury boutique facade in fading light, symbolizing the shrinking luxury market and shifting consumer behavior.

Luxury Market Shrinks to €358 Billion Amid Shifting Consumer Spending

The global luxury market shed 70 million active consumers between 2022 and 2025, a significant exodus that coincided with a contraction in the personal luxury goods market itself.

Victoria Laurent·September 3, 2026

An understated, high-fashion garment displayed in a dimly lit room, symbolizing the end of the quiet luxury trend.

High Society

Quiet luxury's reign is ending as economic headwinds challenge discreet spending.

US consumer spending, including among high-income earners, declined by 3% year-on-year for two consecutive months in mid-2023, according to OmniaRetail .

Charles Pembroke·August 29, 2026

A contemporary living room featuring a diffuser and candle, symbolizing the growth of accessible home fragrance products in the UK market.

Premium Brands

UK home fragrance market trends 2026: Accessible products drive growth

By 2024, nearly two-thirds of all fragrance sales in the United Kingdom will come from non-luxury or affordable products, a category that prominently includes home fragrances.

Sebastian Duval·August 21, 2026

Models showcase designer athleisure wear on a high-fashion runway, blending luxury materials with athletic silhouettes in a modern studio setting.

Premium Brands

Luxury Brands Adapt to Surging Athleisure Market Growth

In Seoul, luxury brands now offer leggings priced up to 1.

Sebastian Duval·June 21, 2026

Split image showing hesitant shoppers on a high street and contrasting economic sectors: a closed factory and a modern services sector building.

Watches & Jewelry

England's economy shows mixed signals amid consumer caution

Despite average weekly earnings rising 6.

Henry Caldwell·June 10, 2026

A luxurious salon interior showcasing premium hair care products, symbolizing the booming luxury hair care market driven by premiumization and emerging economies.

Premium Brands

Luxury Hair Care Market Growth Driven by Premiumization and Emerging Markets

While the global beauty market grew by a modest 3.

Victoria Laurent·April 24, 2026