Free Data Graphic 2 minutesFree ReportThree Things You Need To Know: Global Luxury Department Stores—How Are They Evolving? Coresight Research March 23, 2022 Our Three Things You Need To Know series provides free snapshots of Coresight Research data and findings. Subscribers can access the full research behind this graphic here. To find out how to subscribe, click here. 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 the department store sector in recent years. Read our outlook for the global luxury department store sector and explore five key ways in which major players are evolving to remain relevant. Click the image to read more about the topic. This document was generated for Other research you may be interested in: US Drugstores—Retail 2025 Sector Outlook: Low-Single-Digit Sales Growth Amid a Focus on Cutting CostsExploring Retail Media Network Opportunities in the Convenience Channel: Insights Presented at NACS State of the Industry Summit 2024Amazon Prime Day 2023: Preview—Five Key InsightsUS Retail and Consumer Outlook, August 2023