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Global luxury spending to stay flat at $1.66 trillion in 2025 as shopper base shrinks

The Globe sky-bar restaurant is a luxurious dining experience at Al Faisaliah Tower, Riyadh, Saudi Arabia, with stunning views of the city skyline through the geodesic dome. Image credit: Shutterstock The Globe sky-bar restaurant is a luxurious dining experience at Al Faisaliah Tower, Riyadh, Saudi Arabia, with stunning views of the city skyline through the geodesic dome. Image credit: Shutterstock

 

Global luxury stays resilient despite economic headwinds and shifting consumer trends that reshape market, according to a new study from Bain & Company and Italian luxury trade lobby Altagamma.