Reasons to Read

The pandemic provided luxury department stores with an opportunity to reinvent themselves following pressure from the consumer shift to online and brands’ movement away from wholesale in recent years.

We present our outlook for the global sector’s recovery and explore five key ways in which luxury department stores are evolving to remain relevant.

• Read our separate reports on luxury in the metaverse and the global luxury resale market.
• Access more Coresight Research coverage of luxury brands and retailers and department stores.