Luxury Marketer
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  1. Geopolitical concerns, EV ownership hit new highs: report
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Outlook

Global luxury to post flat growth at $1.6 trillion for 2024, sheds 50M customers in 2 years

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

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MOST READ
  1. Geopolitical concerns, EV ownership hit new highs: report
  2. Argentina: Reopening of a sleeping giant for luxury
  3. Art collector community globally growing younger, more diverse, female-influenced and confident
  4. Call for columns and thought leadership on luxury trends and issues
  5. Call for nominations: Luxury Marketer's Luxury Women Leaders to Watch 2027 
  6. Cognac maker Hennessy eyes China market with first flagship retail store in Asia
  7. New episode of Luxury Stance Podcast: What the ultra-wealthy – 0.01 percent – want out of luxury hospitality
  8. Hermès, Brunello Cucinelli, Mytheresa, Bain and McKinsey win Luxury Roundtable Awards
  9. How AI shopping can quietly erode brand loyalty – and what it means for luxury 
  10. Rolls-Royce Americas CEO to headline Luxury Outlook Summit 2026 New York Jan. 14-15. Join us!


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