Luxury Goods

Developed Markets Compete for Share of Tourist Spend in Run-up to Festive Luxury Shopping

by December 13th, 2016

Few would beg to differ that the festive shopping season is the busiest and most prosperous time of year for luxury retailers, both online and on the high street. Indeed, hoards of affluent shoppers from all corners of the world flock to some of the world’s most glamorous shopping streets looking for both the ultimate gift for […]

Christmas Shopping Trends 2016

by December 13th, 2016

Holiday shopping is in full swing. High traffic provides prime opportunities to capture consumer attention and garner brand loyalty; however, as purchase behaviours shift, new consumerism alters priorities and value conscious consumption dictates decisions. Euromonitor International analysts look at the Christmas trends across different industries and countries. SHOPPING TRENDS ACROSS INDUSTRIES – Quest for innovation […]

Digital Moisturisers and Nanotechnology: Euromonitor International Talks to Dr Gabriela Mercik about the Launch of her New Luxury Cosmetics Range and the Future of Skincare

by December 1st, 2016

The red carpet has been laid out, the champagne is flowing and Dr Gabriela Mercik is standing at the entrance to her London based clinic, 56 Harley Street Clinic, welcoming all her guests with a big smile and open arms to the launch event for her new advanced skincare range aptly named, Dr Gabriela. Renowned […]

New Luxury Goods Data Key Trends and Drivers

by November 21st, 2016

According to Euromonitor’s latest data, the global luxury goods industry is expected to continue its expansion in 2017, although slowly, with disappointing headline growth. As tough global trading environments continue to prevail – social and political unrest in Asia Pacific, economic slowdown in Latin America, and conflict in Eastern Europe will conspire to restrain growth in both key emerging and developed markets. […]

Event Preview: New York Times International Luxury Travel Conference 2016, Experiences Beyond Expectations

by November 11th, 2016

Much like the luxury goods industry overall, the luxury travel market is highly sensitive to external shocks, and 2016 has indeed served up its fair share of geopolitical tensions, including fluctuating exchange rates, mass migration and conflict in many of the worlds key luxury travel destinations. However, the industry is resilient, with 4% growth for […]