Did you know that the global coronavirus pandemic saw the global luxury market shrink by 23% in a matter of months? When thrown into contrast with what a great year 2019 was for the sector, this is even more troubling news. However, recovery is starting to happen, in China there is already a 45% bounce-back, but elsewhere it will be slow and will come through a range of new vectors for the industry.
Our Luxury Sector 2021 Report provides an all-encompassing analysis of the wider luxury industry across 2020, as well as the key trends from a tumultuous year that has reset the industry’s growth vectors.
We cover everything from key players, performance, and regional variants, through to luxury manufacturing, consumer segmentation and routes to market.
Some of the key players that we profile include: Burberry, Chanel, Hermes, LVMH, Prada, TheRealReal, MatchesFashion.com, Secoo and Farfetch.
Inside the report:
Sector timeline 2010-2020, 6
Market Context, 15
Growth Drivers, 30