Luxury Marketer
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Outlook

Only 50pc of luxury leaders expect higher profits this year versus 2023: study

March 5, 2024

Hennessy's new flagship store in Shanghai's Taikoo Li Qiantan high-end retail destination targets fans of Cognac. Image: ©ARR, Hennessy Hennessy's new flagship store in Shanghai's Taikoo Li Qiantan high-end retail destination targets fans of Cognac. Image: ©ARR, Hennessy

 

By Luxury Marketer Intelligence

Luxury leaders have a conservative outlook for 2024, with only 50 percent expecting higher or significantly higher profits compared to 2023.

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NEW INTELLIGENCE

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  1. Luxury brands neglecting cultural venues where more UHNWIs are spending time: report
  2. Future of refrigeration in the luxury home – and what consumers are telling brands
  3. Luxury fashion sector needs to reinvent amidst widespread global slowdown
  4. New episode of Luxury Stance Podcast: What the ultra-wealthy – 0.01 percent – want out of luxury hospitality
  5. Is luxury losing its luster as US affluent consumers’ priorities shift?
  6. How to structure your wealth for the next decade
  7. Luxury Roundtable launches Luxury Marketer, a global intelligence, analysis and news source for luxury professionals across sectors 
  8. Rolls-Royce to invest $370M+ in British manufacturing expansion as it prioritizes higher price per bespoke car
  9. Access no longer the new scarcity for global wealthy: report
  10. 1 week left! Claim your spot at Luxury Roundtable's Sept. 25 summit


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