Luxury Marketer
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  1. Sotheby’s, seeking to grow collector base, will turn wines and spirits festival global for sector dominance 
  2. Singapore, Italy, Switzerland, Greece, Hong Kong and New Zealand top list of attractive destinations for global mobile wealthy: report
  3. North America takes lead for new luxury store openings, New York regains top spot: report
  4. Understanding AI’s role in a golden age of audio marketing creativity
  5. Podcast: How rapidly evolving luxury consumer behavior is impacting real estate 
  6. Growth that works today is not always the growth that builds tomorrow
  7. Canada’s Joseph Ribkoff pivots from wholesale-driven fashion biz to balanced omnichannel model 
  8. UAE still poised for growth in post-conflict era: report 
  9. In 2024, expect more of the same in China. Now is the time to optimize
  10. Longevity, accelerating wealth transfer making family finances more complex for HNW and UHNW US consumers: report
Comment

Outlook

Global luxury spending, at $1.6 trillion, is flat for 2024 as 50M customers leave market and top customers question exclusivity value prop

November 13, 2024

Luxury brands have to work harder to win the loyalty of Gen Z customers, many of whom have shifted from the category over the past two years. Luxury brands have to work harder to win the loyalty of Gen Z customers, many of whom have shifted from the category over the past two years.

 

By Luxury Marketer Intelligence

Topline findings:

 
NEW INTELLIGENCE

MOST READ
  1. Sotheby’s, seeking to grow collector base, will turn wines and spirits festival global for sector dominance 
  2. Singapore, Italy, Switzerland, Greece, Hong Kong and New Zealand top list of attractive destinations for global mobile wealthy: report
  3. North America takes lead for new luxury store openings, New York regains top spot: report
  4. Understanding AI’s role in a golden age of audio marketing creativity
  5. Podcast: How rapidly evolving luxury consumer behavior is impacting real estate 
  6. Growth that works today is not always the growth that builds tomorrow
  7. Canada’s Joseph Ribkoff pivots from wholesale-driven fashion biz to balanced omnichannel model 
  8. UAE still poised for growth in post-conflict era: report 
  9. In 2024, expect more of the same in China. Now is the time to optimize
  10. Longevity, accelerating wealth transfer making family finances more complex for HNW and UHNW US consumers: report


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