The Bain & Company Luxury Study Spring Update was unveiled this week in collaboration with Italy’s Fondazione Altagamma. The tone. Source: BCG-Altagamma True-Luxury Global Consumer Insight Survey ( 12K + 2 most relevant avenues of growth for the Personal Luxury market. 1/1/ BCG and Altagamma Release Fifth Annual Study. the most to the market’s growth: some %, to account for 50% of the market in
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The founding family of Italian jewelry group Casa Damiani said on Friday it would launch a takeover to buy the …. That means volume is driving market growth, rather than just price increases. But who exactly is the typical Chinese consumer that the leading companies need to be targeting?
Social Media, Online, and Mobile Are Gaining Prominence The omnichannel approach has stabilized for the first time; online-only and store-only growth have reached equilibrium. But enough of the theory.
Altagamma and BCG analysis reveals luxury trends for coming years | #GrowingLeader
The market is fuelling consumption, boosting employment and supporting the economic growth of entire nations, most of all Italy. The rise of affordable luxury and numerous collaborations between classic brands and streetwear brands are also stimulating rrport trend.
Browse News collects all the stories you want to read. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. But who is going to be accounting for the other slice of the pie?
Altagamma Studies | Altagamma
Generational shift underway in luxury goods target market Forget the classic image of the old-school, old-hat luxury luxjry customer.
China — with its huge consumer numbers — is the most promising global market for the luxury market bar none. Type your search terms above and press return to see the search results.
Dubai remains stable and supported by international tourists, while Australia is set to benefit from a larger store footprint. Luxury brands should develop their mobile strategy: Fill in the form and get in touch with the growingleader world!
Altagamma and BCG analysis reveals luxury trends for coming years
Mainly street fashion such as top-quality sweatshirts, t-shirts and sneakers. We use first-party and third-party cookies: Altagamma Studies archive Filter by year. They include the existence of a growing number of young, increasingly fashion-savvy Chinese consumers who are well aware of the price-value equation.
The Key Trends for the Luxury Goods Industry in 2018
Don’t miss a thing! The global market of new boats has a value of 19 billion Euro and Italy is confirmed as altaamma second largest boat producer in the world, after the US, and the first worldwide producer of super yachts.
Younger generations, for their part, feel that casual style better represents their personal branding.
Like all good fashionistas, perhaps they will use social media — Instagram in particular — to draw inspiration from the hottest influencers of the moment and keep their finger on the pulse of the latest trends. The percentage of online sales perceived as being additional, and not a cannibalization of, physical sales is decreasing each year, with China the least cannibalized country to date.