News

What Happened: Compared to the period of zero-Covid-19 restrictions, China’s HNWIs (high-net-worth individuals) and affluent consumers are more confident about their disposable income and investments, and spending on luxury products and experiences like tourism, according to the latest TrendLens report from luxury consulting firm Agility, which analyzed the survey responses of 315 affluent and 216 HNWIs in China in […]

We are excited to announce that TrendLens™ Travel 2023 data and insights report will be available soon! TrendLens™ Travel 2023 offers insightful data, gathered through interviewing thousands of affluent and HNW travelers on their 2023 travel plans, hotel preferences and experiences they seek when traveling. The report covers Hospitality trends and needs: with a Hospitality brands’ deep-dive evaluation. It will also cover what type of Travel Experiences affluent and HNW travelers seek: TrendLens™ Travel […]

Global millionaires are making ethics a priority when it comes to luxury purchases, a study by data and insights company Agility Research & Strategy revealed. The Global Millionaires 2023 TrendLens report gathered data and insights from high net worth individuals (HNWIs) across Europe, the USA and China. It found that 90 percent of UK millionaires […]

APRIL 2023: As consumers become increasingly aware of their environmental impact, world leading data and insights company, Agility, Research & Strategy, has shed light on the fact that this growing consciousness towards sustainability is reflected among high net worth individuals (HNWIs).  The Global Millionaires 2023 TrendLens™report, which gathered data and insights from HNWIs across Europe, the USA, […]

APRIL 2023: As consumers become increasingly aware of their environmental impact, world leading data and insights company, Agility, Research & Strategy, has shed light on the fact that this growing consciousness towards sustainability is reflected among high net worth individuals (HNWIs).  The Global Millionaires 2023 TrendLens™report, which gathered data and insights from HNWIs across Europe, the USA, […]

Luxury jewellery brands are looking beyond the usual cities as they seek to tap the most popular locations where wealthy consumers are choosing to live or holiday. Article: Courtesy Vogue – by Milena Lazazzera – All Rights Reserved Which part of America is experiencing the fastest growth in luxury consumers? It’s hard to look further […]

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 sustainable lifestyles of affluent and HNW […]

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 share to luxury and travel. […]

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 domestic and international sales > […]

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 domestic and international sales > […]