The global luxury goods market displayed positive growth despite the backdrop of a decelerated global economy. What does 2019 hold for the industry? #GlobalPowers. Digitization and growing millennials and Gen Z define the future.
The report discusses the trends and issues that are driving the luxury industry. It suggests why luxury goods companies should be aware of the changes brought about by the new affluent class of customers. It also identifies the 100 largest luxury goods companies based on publicly available data for FY2017 (which we define as financial years ending within the 12 months to June 2018), and evaluates their performance across geographies and product sectors.
Check out the Deloitte report here: https://www2.deloitte.com/global/en/pages/consumer-business/articles/gx-cb-global-powers-of-luxury-goods.html