Although sustainability as a concept incorporates multiple facets, it predominantly translates into concerns about environment and more specifically climate change, according to our latest TrendLens™ 2022 study of global affluent consumers. The pandemic has accelerated (and increased) awareness of purpose driven consumption, as can be noted from the attitude and adoption of
By SARAH RAMIREZ – Copyright: Luxury Daily Global millionaires are primed to increase their spending on travel, focusing on wellness and purpose-driven trips. According to new findings from Agility Research & Strategy, most millionaires are increasingly optimistic about their economic outlooks. As a result, they are likely to devote more of their wallet
Data from our TrendLens tracker conducted in Q1 2022 shows that for now most millionaires are expected to increase their travel share-of-wallet.
China versus USA “Luxury Outlook” for 2022 As the top 2 luxury markets in the world, China and USA play a very crucial role in defining the health of the luxury market. Post Covid, both markets have emerged stronger, while facing some strong headwinds. Based on our TrendLens data, collected in February
Agility Research & Strategy will present at the 18th annual Financial Times “Business of Luxury Summit“, which will return to a physical format in May at the Fairmont Windsor Park – London. Chaired by the FT’s editor, Roula Khalaf, and the FT’s fashion editor, Lauren Indvik, the luxury’s sector top minds
Source – Courtesy of South China Morning Post – Full article here Chinese consumers splurge on luxury goods as ‘Covid hasn’t changed the lifestyle of the rich’ > Domestic purchases of luxury goods in 2021 in China was valued at US$74 billion, having totalled US$120 billion in 2019 for both
Italian fashion house Gucci and French fashion label Christian Dior are among the top luxury fashion and beauty brands in the United States, according to new data from Agility Research & Strategy. Agility’s Luxury Brand Affinity ranking (ALBA) tracks the performance of more than 80 brands using key performance and perception