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Site title: Luxury Society | Global Luxury Industry Insights, Trends & News
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The mainland Chinese personal luxury market contracted by 3% to 5% in 2025, according to The 2025 Chinese Personal Luxury Goods Market newly released by Bain & Company. This marks a sharp improvement from the 17% to 19% decline recorded in 2024.
This once “too-big-to-fail” market began to show signs of recovery in the third quarter, with low single-digit g...
The 56th World Economic Forum Annual Meeting in Davos this January marked a turning point. Gone were the speculative discussions about AI’s potential. In their place: stark warnings from JPMorgan Chase CEO Jamie Dimon about hiring fewer workers over the next five years, juxtaposed against Nvidia’s Jensen Huang describing robotics as a “once-in-a-lifetime opportunity” that wil...
While the personal luxury goods market is expected to return to growth in 2026, according to Bain, its largest category, leather goods, is set to continue contracting. This structural weakness not only weighs on overall industry momentum, but also raises questions around the perceived legitimacy of luxury value.
Handbags have long served as the commercial backbone of E...
As LVMH Watch Week convenes in Milan, Julien Tornare brings a fresh strategic vision to Hublot in his role as Chief Executive – a position he assumed in September 2024 during one of the watch industry’s most challenging periods in recent memory. The Swiss watchmaker, known for its audacious marketing moves and technical innovations, now navigates a landscape characterised by ...
So, what’s the HYPE?
The traditional “white glove” service, once the exclusive domain of physical boutiques, must now be replicated and scaled digitally without losing its aura of exclusivity. The reality is that technology continues to democratise all aspects of the customer experi...