Luxury Marketer
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  3. Local cuisine emerges as strongest dining force in Asia Pacific as traditional restaurant settings lose edge: report
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Marketing

Growth mirage: Are luxury consumers buying more – or paying more?

April 30, 2026

Chanel Paris Fashion Week Spring Summer 2019. Image credit: Shutterstock Chanel Paris Fashion Week Spring Summer 2019. Image credit: Shutterstock

 

By Mickey Alam Khan

There is only one business worldwide where the bulk of its growth over five years came from more price increases than unit sales: luxury. That strategy requires going back to the well time and time again, depleting the aquifers of good will and brand equity.

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MOST READ
  1. The high-net-worth consumer: 1 person, 4 tiers of behavior
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  3. Local cuisine emerges as strongest dining force in Asia Pacific as traditional restaurant settings lose edge: report
  4. How AI is reshaping the digital and real economies: study
  5. Next generation set to reshape family offices, with different perspectives on wealth management: study
  6. State of Luxury 2026 report: Luxury enters new era – slower, more selective, less forgiving 
  7. Rolls-Royce voted the UK’s most iconic trademark in new public poll
  8. Ferrari Luce: The mythology mistake that luxury brands keep making – and what it costs them 
  9. Photos from the Luxury Commercial Real Estate Summit 2026 
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