August 22, 2021 0 Comments

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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Social media and influencers are gaining luxurt. Digital must remain a priority to define an omnichannel strategy compatible with target expectations.

If they do, they can expect to miss out on a hefty chunk of revenue. February 20, Press Release. Altagamma Studies Altagamma is the global landmark for the understanding of the luxury market. Younger generations, for their part, feel that casual style better represents their personal branding.

The Key Trends for the Luxury Goods Industry in – The Boston Consulting Group

China — with its huge consumer numbers — is the most promising global market for the luxury market bar none. But enough of the theory.

That means volume is driving market growth, rather than just price increases. We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises.

Showcased for the… Continue reading 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. They include the existence of a growing number of young, increasingly fashion-savvy Chinese consumers who are well aware of the price-value equation. BCG uses cookies to improve the functionality, performance, and effectiveness of our communications.


Boston Consulting Group BCG is a global management consulting firm and the world’s leading advisor on business strategy.

Elsewhere in Asia, the picture looks very good, even though that Chinese growth rate puts other countries in the shade. 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.

The Key Trends for the Luxury Goods Industry in 2018

This survey notably focuses on millennials and Chinese consumers. Type your search terms above and press return to see the search results.

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Altagamma Studies | Altagamma

Share Share stories you like to your friends. It will be crucial for brands to find a way to work within the whole ecosystem in order to drive traffic to their websites and provide Chinese consumers with a seamless and integrated shopping experience. Fill in the form and get in touch with the growingleader world! It gives brands altabamma cool edge and strengthens brand awareness altagam,a well as increases willingness to buy the brand.

Luxury, in the truest sense of the word, is more alive than ever and continues to go from strength to strength.


But what millennials also have is incredible purchasing powerdespite having grown up during one of the biggest economic crises of modern history. Europe will not achieve similar growth altagmma.

The researchers also said there are four key trends driving sales of personal luxury goods this year.

Generational shift kuxury in luxury goods target market Forget the classic image of the old-school, old-hat luxury sector customer. Altagamma which gathers high-end Italian cultural and creative companies and BCG are releasing today their latest survey on luxury goods, which covered more than 12, consumers of luxury goods across ten countries.

Salvatore Interdonato Create Value. The access to the reports is reserved alagamma Altagamma Companies. A growing number of purchases are made over the internet, and although many luxury companies have great history and heritage behind them, they can ill afford to overlook lyxury vital area of online shopping.

Artisans, tailors and small business owners? The global market of new boats has a value of 19 billion Euro and Italy is confirmed as the second largest boat producer in the world, after the US, and the first worldwide producer of super yachts. But who is going to be accounting for the other slice of the pie? The omnichannel approach has stabilized for the first time; online-only and store-only growth have reached equilibrium.