Luxury Marketer
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  1. Can luxury brands win at performance marketing without losing their mystique? 
  2. AI engines replacing search as starting point for affluent travel research: report 
  3. What is the future of work and the workplace? 
  4. Consumer trust in AI set to grow 15 percentage points by 2030: report
  5. Consumers in Middle East's GCC countries to up spend 50pc on beauty from 2025 to 2030: report
  6. Growth that works today is not always the growth that builds tomorrow
  7. British brokerage Savills to buy real estate bank Eastdil Secured for $1.1B
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  10. US to remain world’s largest luxury market by sales, China among fastest growing through 2030: report
Comment

Outlook

Only 50pc of luxury leaders expect higher profits this year versus 2023: study

March 5, 2024

Hennessy's new flagship store in Shanghai's Taikoo Li Qiantan high-end retail destination targets fans of Cognac. Image: ©ARR, Hennessy Hennessy's new flagship store in Shanghai's Taikoo Li Qiantan high-end retail destination targets fans of Cognac. Image: ©ARR, Hennessy

 

By Luxury Marketer Intelligence

Luxury leaders have a conservative outlook for 2024, with only 50 percent expecting higher or significantly higher profits compared to 2023.

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MOST READ
  1. Can luxury brands win at performance marketing without losing their mystique? 
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  3. What is the future of work and the workplace? 
  4. Consumer trust in AI set to grow 15 percentage points by 2030: report
  5. Consumers in Middle East's GCC countries to up spend 50pc on beauty from 2025 to 2030: report
  6. Growth that works today is not always the growth that builds tomorrow
  7. British brokerage Savills to buy real estate bank Eastdil Secured for $1.1B
  8. How AI shopping can quietly erode brand loyalty – and what it means for luxury 
  9. Indian luxury needs new pitch: From Made in India to Owned by India
  10. US to remain world’s largest luxury market by sales, China among fastest growing through 2030: report


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