Economic Analysis

3 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

A solitary bottle of luxury liquor on a boardroom table, symbolizing the vulnerability of high-end brands amidst market shifts and declining profits.

Luxury Fashion

Luxury Brands Vulnerable Amid Market Shifts, Despite Price Hikes

Kweichow Moutai, the venerable Chinese luxury liquor brand, recently reported its first annual decline in net profit on record—a stark reversal even as it raised prices for its signature product.

Victoria Laurent·August 20, 2026

Elegant boutique interior with a customer examining a unique item, subtly showcasing excess luxury inventory in the background.

Watches & Jewelry

Luxury Brands Face Shifting Spending as Boutiques Fill

Luxury brands currently hold an estimated $200 billion in unsold inventory worldwide, a 15% increase from the previous year, according to a Bain & Company Report.

Henry Caldwell·April 30, 2026