Market Outlook 6 minutes PremiumGlobal 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 What's InsideThe 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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Consumers Shift Spending Toward Essential Categories: US Consumer Survey InsightsCoresight Bites: US Store Openings and Closures—2022 Review and 2023 OutlookWeekly US and UK Store Openings and Closures Tracker 2024, Week 6: Tractor Supply Announces Expansion Across BannersData Dive: The Global Obesity Economy—Shaped by the Spending of 1 Billion Consumers
