Luxury Market
9 articles
Rolex expands in Jackson, investing in state's luxury market
In Jackson, Mississippi, a new standalone Rolex boutique is set to open its doors by Q4 2024, marking a significant expansion for the notoriously exclusive brand.
China's Luxury Duvet Cover Market Sees Rapid Growth
In 2023, China's luxury duvet cover market surged by an astonishing 28%, reaching an estimated $1.
US long-lasting hair perfume market sees significant growth
Hair and body mists experienced double-digit market growth in early 2025, Allure reports.
Spain's Body Mist Market Surges as Consumers Seek Accessible Luxury
In Spain, the body mist market surged by 18% last year, significantly outpacing traditional perfumes.
Compagnie Financière Richemont SA posts 11% sales growth in Q3
Hermès's stock plummeted 8% after missing Q1 analyst expectations, a stark contrast to Compagnie Financière Richemont SA's reported 11% increase in Group Q3 sales to €6.
Japan's Luxury Market Sees Strong Growth, Driven by Shifting Preferences
In 2024, inbound spending in Japan soared to ¥8.
What is the luxury market appeal of iconic high jewelry houses?
The global luxury jewelry market, valued at USD 48.
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.
Emerging Brands Redefining the Luxury Market
In 2023, 50 emerging premium brands collectively grew by an average of 18%, significantly outpacing the 4% average revenue growth seen by established luxury houses, according to Bloomberg .