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  2. Luxury brands build demand. Associates build loyalty
  3. Richemont sales up 20pc to $7.1B for Q1 2026, buoyed by growth across lines and regions
  4. New challenge for brands: Cost of running AI at scale
  5. HENRYs, while not self-identifying as rich, see themselves as connoisseurs of high-end objects, experiences: report
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Retail

North America takes lead for new luxury store openings, New York regains top spot: report

June 2, 2026

Luxury Roundtable's Luxury Outlook Summit in January opens the calendar for luxury, offering insight, analysis and connections to luxury professionals as they navigate a challenging global business environment. Image credit: Pandora Pictures, Shutterstock New York is the No. 1 luxury consumer market worldwide, attracting the world's leading luxury brands to maintain a strong retail presence locally. Image credit: Pandora Pictures, Shutterstock

 

By Luxury Marketer Intelligence

North America has emerged as the leading region globally for new luxury store openings in 2025, accounting for 27 percent of total activity.

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  1. Death of the agency model – and what replaces it 
  2. Luxury brands build demand. Associates build loyalty
  3. Richemont sales up 20pc to $7.1B for Q1 2026, buoyed by growth across lines and regions
  4. New challenge for brands: Cost of running AI at scale
  5. HENRYs, while not self-identifying as rich, see themselves as connoisseurs of high-end objects, experiences: report
  6. 5 steps for leaders to unleash their team’s strengths
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