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Middle East
Hospitality and lifestyle destinations set to spur luxury growth in Gulf states
Capitalizing on changes in the global luxury retail sector, the Middle East is rapidly solidifying its status as a primary investment hub by integrating high-end retail with massive hospitality pipel
17 August 2026
United Kingdom
Bond Street and Sloane Street in the world’s top 10 most expensive areas for luxury retailers
In 2025, total new store openings globally fell to their lowest level since 2020, as brands prioritised high-quality locations that align with their long-term positioning.
04 August 2026
Middle East
Luxury watch market to shift from great premiumization to recalibration
The watch market has seen an unprecedented level of premiumization over the past two decades: Swiss watch manufacturers halved their output of products since 2000, while export revenue has risen from
14 June 2026
Switzerland
Luxury watch market to shift from great premiumization to recalibration
The watch market has seen an unprecedented level of premiumization over the past two decades: Swiss watch manufacturers halved their output of products since 2000, while export revenue has risen from
12 May 2026
Asia
China’s luxury market recalibrates as it contracts for second year in a row
Mainland China’s personal luxury goods market contracted by as much as 5% last year, a significant moderation compared with the sharper decline seen in 2024.
18 February 2026
China
Global luxury market remains steady despite China slowdown, says Bain & Company
The global luxury sector has remained steady in 2025 according to the latest industry report from Bain & Company, despite economic uncertainties and a contraction in the key market of China.
26 December 2025
Middle East
Middle East shines in otherwise flat and shifting global luxury market
Global strategy consultancy Bain & Company has released its latest annual luxury goods report, with the Middle East continuing to stand out as the strongest performing regional market in the world.
11 December 2025
Asia
Asia leads new growth opportunities for luxury companies
Though growth in the global luxury industry has slowed somewhat this year, the sector still remains resilient, especially in emerging markets like India and China, which are now driving new growth.
17 November 2025
Europe
Global luxury sector braces for downturn as demand weakens
The ongoing uncertainty in the global economy, combined with the effects of Trump-era tariffs, is proving challenging for luxury brands like Louis Vuitton, Hermès, and Gucci.
03 July 2025
India
A revolution in beauty & personal care is taking India by storm, says BDO
India’s beauty and personal care market has been enjoying rapid growth, according to a report from BDO.
16 November 2024
Middle East
Study: Rich people to spend $4.4 billion on luxury Dubai homes
Rich people, or so-called high-net-worth-individuals (HNWI), will in the coming years spend hundreds of millions of dollars on buying new luxury homes in the United Arab Emirates, according to Knight
27 May 2024
China
China leapfrogs rivals to become world's largest luxury goods market
The Chinese market for luxury goods is expected to grow to 25% of the global market by the end of this year.
26 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
Middle East
Personal luxury fashion market to boom in Saudi and the UAE
The luxury market in the Middle East – and particularly in Saudi Arabia and the UAE – is expected to grow significantly in the coming years, with more big spenders shopping for the finer things.
16 August 2023
China
China to account for 25% of global luxury goods market by 2025
China’s luxury goods market is back to booming times, according to a new report by PwC.
02 March 2023
Middle East
Luxury retailers ramping up new store openings in Dubai and Saudi
Despite the continued economic uncertainty, luxury retailers are set to reignite their global expansion over the coming years, with Saudi Arabia playing catch-up on fellow regional hotspot Dubai.
30 May 2022
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
Asia
APAC’s rich looking to switch wealth management providers
Wealthy ranks in Asia Pacific (APAC) are looking to relocate large shares of their portfolio in the coming years, and wealth managers with digitalised, service-minded and purpose-driven offerings are
13 May 2021
Poland
Driving sustainable consumption in Poland’s fashion and luxury sector
In Poland, growing environmental consciousness among consumers is not translating into more sustainable fashion choices.
07 May 2021
Middle East
Number of ultra rich in Middle East to boom in coming years
Global real estate consultancy Knight Frank has issued the latest edition of its Wealth Report, with the number of wealthy individuals in the Middle East region tipped to strongly rebound after slidi
24 March 2021
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