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Comment

Couture, fashion and leather goods

Luxury fashion sector needs to reinvent amidst widespread global slowdown

January 13, 2025

Luxury fashion needs to reiterate its value proposition for aspirational, affluent and wealthy consumers Luxury fashion needs to reiterate its value proposition for aspirational, affluent and wealthy consumers

 

By Luxury Marketer Intelligence

Luxury fashion will continue to face a major slowdown, with the lowest growth figures in the past five years.

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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. Indian luxury needs new pitch: From Made in India to Owned by India
  7. How AI shopping can quietly erode brand loyalty – and what it means for luxury 
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  9. British brokerage Savills to buy real estate bank Eastdil Secured for $1.1B
  10. US to remain world’s largest luxury market by sales, China among fastest growing through 2030: report


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