Luxury Reimagined: Five Trends Reshaping the Global Luxury Goods Market in 2025
22 Sep 25Despite persistent macroeconomic headwinds and geopolitical uncertainty, the global luxury goods sector continues to evolve with resilience and innovation.
Fflur Roberts
Beyond Possessions: The New Landscape of Luxury
15 Sep 25Luxury is transforming. No longer defined solely by material possessions, it is increasingly shaped by experiences, wellness, and lifestyle integration.
Fflur Roberts
LuxuryLab Global
Four Seasons Hotel Mexico City, Av. P.º de la Reforma 500, Florida, Cuauhtémoc, 06600 Ciudad de México, CDMX 2 September 2025 08:30 CTJoin 300+ industry leaders and explore the latest consumer trends that are currently altering the luxury industry. Use our discount code: LLGeuromonitor.
Fflur Roberts
Touch, Try, Trust: Experiential Retail Boosts Personal Accessories Brands
14 Jul 25Despite the rapid growth of e-commerce and digital innovation in 2024, offline retail sales continued to dominate global personal accessories retailing, accounting for 81.2% of total sales, while retail e-commerce comprised 18.8%. This disparity underscores the enduring relevance of bricks-and-mortar stores, particularly in categories where emotional connection, tactile engagement, instant gratification, the power of brand storytelling and personalised service remain central to the shopping experience.
Suzi Gardner
Lab-Grown Diamonds: Opportunity Ahead or Roadblocks Rising?
28 Apr 25Lab-grown diamonds (LGDs) have emerged as a significant player in the jewellery market, with global sales reaching nearly USD9 billion in 2024. This rapid expansion has prompted both opportunities and challenges for jewellery brands. As the market evolves, understanding the dynamics of LGDs is crucial for stakeholders to navigate this transformative period effectively.
Fatima Linares
Fashion Marketplaces in Europe: Challenges and Opportunities Ahead
12 Apr 24During the COVID-19 pandemic, apparel and footwear e-commerce witnessed a strong boost in sales, as customers were forced to turn to online shopping owing to restrictions and store closures. Yet, since the easing of restrictions, in-store shopping has bounced back and, with it, the share of online sales dropped. This has left many luxury online players struggling under the pressure of either slowing or declining sales.
Brando De Carlo Coleman
Top Trends Shaping Personal Accessories in 2024 and Beyond
4 Mar 24After moderate growth in 2022, global sales of personal accessories grew more strongly in 2023; however, geopolitical issues, the cost-of-living crisis and China’s slow recovery suggest a challenging macro environment, pushing brands to navigate into uncharted waters once again in 2024.
Fatima Linares
Coupang’s Luxury Leap: Farfetch Acquisition Fuels Retail Dominance
23 Jan 24Coupang, a major player in South Korea’s e-commerce, has shown exceptional growth in the country and aims to fulfil its aspiration for global penetration. While its attempt to explore overseas market face challenges, Coupang persists in strategic expansions including recent Farfetch acquisitions. Through the acquisition, Coupang is accelerating its transformation from a retailer primarily focused on household essentials to a more comprehensive platform that includes luxury items.
Lisa Hong
MICAMx 2023
Strada Statale del Sempione, 28 – 20017 Rho (Milano) 18 September 2023 14:45 CETMICAM Milano, the world’s leading footwear fair promoted by Assocalzaturifici, is one of a kind: a benchmark event for dealers from all over the world.
Marguerite LeRolland
Three Trends Driving the Global Luxury Goods Market in 2023
7 Jul 23As the global economy faces slower growth and high inflation, the challenges and uncertainties facing both luxury consumers and key players are escalating. The extraordinary global disruptions over the last few years have led to the rise of a new economic reality that is shaping the consumption of luxury goods and business outcomes today, but is similarly setting the benchmark of what we should expect for the short-term outlook.
Fflur Roberts
LuxuryLab Global
Four Seasons Hotel Mexico City Av. P.º de la Reforma 500, Juárez, Cuauhtémoc, 06600 Ciudad de México, CDMX 20 June 2023 17:15 CTAs consumers increasingly demand the transition to an inclusive society, a unique window has opened for luxury brands to become better agents of social change by aligning their missions, values, and strategies with social purpose.
Fflur Roberts
Top Trends for Personal Accessories (Part 3): Sustainability Beyond the Claims
26 Apr 23From incorporating low-carbon fibres into the manufacturing process, to responsible sourcing, to labelling and marketing claims, and to giving back to production hubs, personal accessories has major challenges ahead as sustainability takes centre stage globally.
Fatima Linares
Luxury and Fashion: What to Expect in 2023?
1 Mar 23The world continues to be a challenging place in 2023. Just as we thought it was safe to re-engage after the pandemic, the global economy started to look fragile again. In this video Fflur Roberts and Marguerite LeRolland, Euromonitor’s respective Heads of Luxury Goods and Fashion, discuss what they think will be the most impactful trends in the year ahead. How is the industry adapting to new retail preferences as our new lifestyles and working habits take form? What value propositions are consumers looking for in an inflationary environment and a cost-of-living crisis where spending is being squeezed. With the growing urgency in sustainability, what new business models are we likely to see filtering through?
Fflur Roberts
Duty-Free Shopping a Missed Opportunity for UK Tourism?
7 Dec 22In its autumn budget the UK government announced that it would be re-instating VAT reclaim shopping for inbound tourists (AKA duty free), marking a U-turn as this was abolished in 2021 when the market was worth GBP3 billion, annually. Here we discuss the potential for VAT re-claim once re-instated, the wider role of shopping as a driver of tourism to the UK and how other industries may benefit, such as luxury.
Alexander Goransson
Jewellery & Watch Show
9 October 2022 10:00 GSTJewellery and Watch Show has successfully showcased the elegance of the jewellery industry, making Abu Dhabi the region's destination for thousands of travelling jewellery and watch designers, suppliers, manufacturers, and wholesalers.
Amna Abbas
LuxuryLab Global
Four Seasons Hotel, Mexico City 21 June 2022 11:15 CTLearn about the newest luxury market trends, presented by the most prestigious speakers of the industry. LuxuryLab Global is the best opportunity to connect with the most relevant and important professionals in the luxury market.
Fflur Roberts
时尚行业未来三大趋势
11 May 22鞋服是受疫情影响最严重的行业之一，但就在该行业以超预期的速度复苏时，却遇上了诸多动荡，包括充满不确定性的乌克兰危机和飞速增长的通胀率。这不仅意味着生产成本的上升，供应链进一步陷入困境，还会面临消费者支出的减少。 在如此挑战的背景下，时尚行业正加速转型，以适应疫情后的新世界，本文将探讨这些变化对该行业长期而言将意味着什么。
Marguerite LeRolland
What's Driving Demand for Luxury Rentals, Post-Pandemic?
22 Apr 22With the recent announcement from Louis Vuitton on future price increases, Euromonitor explores the future of how we access luxury goods with COCOON founder Ceanne Fernandes -Wong, exploring luxury goods, the circular economy and insights on luxury handbag rental trends.
Euromonitor International