Bain & Company | Global news | Luxury

An overview of Bain & Company global news:

China

China to lead global personal luxury goods market by 2030 Following a robust performance in the first half of 2023, China is expected to surpass the United States in terms of luxury spending, with 40% of the global market share by 2030.
10 September 2023
Europe

Global luxury goods industry could grow by 12% this year The luxury goods market – think watches, jewelry, and high fashion brands – is growing at a remarkable rate, with the global market expected to reach up to €570 billion by 2030, which is double its w
18 August 2023
Europe

Global luxury goods market comes roaring back to hit new record Following a sharp contraction during the first year of the corona crisis, the global personal luxury goods industry has come roaring back in 2021 and expected to hit €283 billion by year end, accordi
12 November 2021
Europe

Global luxury goods market rewinds six years amid corona pandemic Bain & Company and Fondazione Altagamma have released the 2020 edition of their annual ‘Worldwide Luxury Goods Monitor’.
19 November 2020
Europe

Bain: Personal luxury goods market will need years to recover The global personal luxury goods market will need years to recover from a Covid-19 induced downturn.
12 May 2020
China

Coronavirus spells big trouble for luxury goods market, say Bain and BCG Coronavirus spells trouble for luxury goods market, say Bain and BCG In behind the aviation industry and many segments of the food & beverage and entertainment sectors, the global fashion and luxury
31 March 2020
China

China to account for nearly half of luxury goods market by 2025 The global personal luxury goods sector will grow by up to 6% this year according to a new analysis by Bain & Company, lifting the industry to a market value of around €276 billion.
22 July 2019
Europe

Spending on personal luxury goods to top €270 billion this year The global personal luxury goods sector will grow by up to 6% this year, lifting the industry to a market value of around €276 billion, according to a new analysis by Bain & Company in collaboration
24 June 2019
Asia

Millennials driving luxury retail resurgence in China, shows Bain report The luxury consumer retail market in China continues to rebound strongly, with Millennials powering 20% growth last year.
12 February 2018
Middle East

Chalhoub Group launches joint venture with Duval Union Consulting Award-winning luxury retailer Chalhoub Group has forged a partnership with Belgian consultancy Duval Union Consulting.
22 January 2018

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