What's Inside

Building on our Market Navigator on global luxury retailing, we examine selected brands’ store traffic, store closures and store openings to understand the evolving real estate landscape in the US luxury market.

The luxury retail landscape has been severely disrupted in recent years by the impacts of the Covid-19 pandemic on the brick-and-mortar channel and consumers’ subsequent shifting shopping preferences.

Now, luxury brands are strategizing for the future when it comes to their physical store footprint. Which brands are expanding, and which are consolidating stores? Find out in this data-driven research report.

Data in this research report include:

• The size and trajectory of the global luxury market, 2019–2028E
• Selected luxury brands’ US store traffic and store counts, 2020–2024
• Pandora and Hugo Boss—US store openings and closures, June 2023–May 2024

Companies mentioned in this report include: Burberry, Capri Holdings, Chanel, Kering, LVMH, Pandora, Tapestry

Other relevant research:

• Market Navigator: Global Luxury Retailing—Ultra Luxe and the China Market Stand Out as High-End Hitters
• Luxury Retailing: Home and Away—Three Learnings for Growth Across Global Markets
• The High-Tech High End: Solutions Elevating Supply Chain and Operations in Luxury Retailing
• More real estate insights
• Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles.
• The Market Sizes Databank offers an overview of key retail market or sector sizes, including Coresight Research projections for future years.