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Short Trend Summary
Luxury brands must reinvent themselves to thrive in a changing market marked by evolving customer expectations and economic headwinds.
Luxury Reinvention Imperative- Authenticity and Transparency Reign Supreme
- Experiences Over Material Goods
- Values-Driven Consumption
- Beauty
- Fashion
- Luxury Goods
- Retail
- Brands & Advertising
- Business & Commerce
- Consumer Attitudes
Luxury brands must reinvent themselves to thrive in a changing market marked by evolving customer expectations and economic headwinds.
Accenture: How luxury brands are...Luxury Reinvention Imperative
Luxury brands must reinvent themselves to thrive in a changing market marked by evolving customer expectations and economic headwinds. -
Short Trend Summary
Consumers are prioritizing quality and longevity in luxury purchases, driven by economic insecurity and fast-paced trends.
Value-Driven Luxury Purchases- Navigating Global Uncertainty
- Values-Driven Consumption
- Consumer Behavior
- Luxury Goods
- Resale Market
- Business & Commerce
- Consumer Attitudes
Consumers are prioritizing quality and longevity in luxury purchases, driven by economic insecurity and fast-paced trends.
The RealReal: Resale Report 2024Value-Driven Luxury Purchases
Consumers are prioritizing quality and longevity in luxury purchases, driven by economic insecurity and fast-paced trends. -
Short Trend Summary
While overall bag spending is up, consumers are showing a preference for more accessible luxury bags over ultra-high-end items.
Attainable Luxury Bags- Values-Driven Consumption
- Consumer Spending
- Luxury Handbags
- Resale Market
- Brands & Advertising
- Business & Commerce
- Consumer Attitudes
While overall bag spending is up, consumers are showing a preference for more accessible luxury bags over ultra-high-end items.
The RealReal: Resale Report 2024Attainable Luxury Bags
While overall bag spending is up, consumers are showing a preference for more accessible luxury bags over ultra-high-end items. -
Short Trend Summary
Shoppers are prioritizing sustainability, driving demand for pre-owned and repairable luxury items.
Sustainability Focus- Values-Driven Consumption
- environmental sustainability
- Luxury Goods
- Resale Market
- Business & Commerce
- Consumer Attitudes
- Sustainability
The RealReal: Resale Report 2024Sustainability Focus
Shoppers are prioritizing sustainability, driving demand for pre-owned and repairable luxury items. -
Short Trend Summary
Despite economic challenges, demand for luxury goods remains steady, with continued growth expected across various categories.
Sustained Luxury Demand- Navigating Global Uncertainty
- Values-Driven Consumption
- Consumer Spending
- Economic forecasting
- Luxury retail
- Brands & Advertising
- Business & Commerce
- Consumer Attitudes
Despite economic challenges, demand for luxury goods remains steady, with continued growth expected across various categories.
Ipsos: Snapchat exploring trends in...Sustained Luxury Demand
Despite economic challenges, demand for luxury goods remains steady, with continued growth expected across various categories.