Market Navigators/Market OutlookGlobal Luxury—Retail 2024 Sector Outlook: Emerging Markets and Young Shoppers To Drive Growth Swarooprani Muralidhar, Director of Research Sector Lead: Anand Kumar, Associate Director of Retail Research December 8, 2023 Reasons to ReadThe Coresight Research Retail 2024 series of reports looks ahead to the prospects for retail next year, exploring key trends by geography (namely, the US, the UK, China and India) and sector. We will also discuss trends in healthcare and technology. This report, one of our Retail 2024 Sector Outlooks, presents directional market insights and themes to watch in luxury retailing globally. Data in this research report include: Global luxury market—sales and year-over-year growth, 2020–2024E Companies mentioned in this report include: Kering, LVMH, Hermès, Richemont, Tapestry Other relevant research: Look out for more reports in our Retail 2024 series, including outlooks for apparel and footwear, beauty and department stores in the US. Five Ways AI Is Being Used in Luxury Retail Consumers’ Appetite For Luxury in a Post-Zero-Covid China All Coresight Research coverage of luxury retailing. Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Amazon Prime Day 2025 Wrap-Up: US Purchase Rate Jumps as Retail Rivalry Heats Up—Exclusive Data InsightsRetail 2025: UK Retail Predictions—Midyear Trends UpdateEarnings Insights 4Q24, Week 4: Birkenstock, Hermès, Sprouts and More Post Double-Digit Growth—InfographicEconomic Sentiment Turns Negative This Week: Weekly US Consumer Sentiment, Week 37, 2025—Infographic
