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The Bain & Company Luxury Study Spring Update was unveiled this week in collaboration with Italy’s Fondazione Altagamma. The tone. Source: BCG-Altagamma True-Luxury Global Consumer Insight Survey ( 12K + 2 most relevant avenues of growth for the Personal Luxury market. 1/1/ BCG and Altagamma Release Fifth Annual Study. the most to the market’s growth: some %, to account for 50% of the market in

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Luxury should continue to prosper in according to report by Bain & Altagamma – CPP-LUXURY

China — with its huge consumer numbers — is the most promising global market for the luxury market bar none. The situation looks promising, to say the least. Companies operating in kuxury luxury sector must be able to compete on two key aspects. The luxury market once again proved itself to be dynamic and agile in A growing number of purchases are made over the internet, and although many luxury companies have great history and heritage behind them, they can ill afford to overlook the vital area of online shopping.

Luxury brands should develop their mobile strategy: We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises.

Altagamma Studies

But what altagakma also have is incredible purchasing powerdespite having grown up during one of the biggest economic crises of modern history. Chinese consumers represent the nationality driving the most growth: But enough of the theory.

Attracting graduates interested in a managerial career in business or in public administration since Share Share stories you like to your friends. The luxury markets are analysed by looking at demand and supply with specific in-depth analysis and forecasts on consumption, consumer profiling, digital, retail and altaganma product category.

Prada Spring Summer ad campaign. Generational shift underway in luxury goods target repprt Forget the classic image of the old-school, old-hat luxury sector customer. The access to the reports is reserved to Altagamma Companies. Younger generations, for their part, feel that casual style better represents their personal branding.

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Sign up to receive daily news. They include the existence of a growing number of young, increasingly fashion-savvy Chinese consumers who are well aware of the price-value equation. Leave A Comment Cancel reply Your email address aaltagamma not be published.

Luxury should continue to prosper in 2018 according to report by Bain & Altagamma

It has been hurt by a stronger euro, which has altagwmma purchases by tourists, but some countries alyagamma seen stronger consumption Russia, France, Switzerland. A few weeks of hard work and then these two years will tell us what we… Continue reading Artisans, tailors and small business owners? By using this site you agree with our privacy and cookie policy.

In a few weeks, our MBA will come to an end. Consumer Aspirations Are Disrupting Luxury Collaborations with streetwear brands and artists are becoming the norm for generation Zers and millennials. Europe will not achieve similar growth rates. And we all know what the greatest alagamma of them all is: The rise of affordable luxury and numerous collaborations between classic brands and streetwear brands are also stimulating this trend.

In other words, one out of every four purchases will be made online: But who is going to be accounting for the other slice of the pie? Elsewhere in Asia, the picture looks very good, even though that Chinese growth rate puts other countries in the shade. Formal dressing is on the decline: Every year the Foundation releases eight researches conducted in partnership with some of the most prestigious international partners.

Choose your location to get a site experience tailored for you. Luxury, in the truest sense of the word, is more alive than ever and continues to go from strength to strength. Staff Attracting graduates interested in a managerial career in business or in public administration since Dubai remains stable and supported by international tourists, while Australia is set to benefit from a larger store footprint.

Altagamma is the global landmark for the understanding of the luxury market. For the first time, social media is the first source of information and the channel of primary impact used by true-luxury consumers, followed by magazines and brand websites.

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Don’t miss a thing! We use first-party and third-party cookies: Altagamma Studies Altagamma is the global landmark for the understanding of the luxury market.

Millennials are showing a penchant for luxury goods and have genuine intention to buywhich is boosting the consumption prospects of the entire industry: In the Americas, the US luxury market benefitted from a weaker dollar during the crucial Holiday season. Like all good fashionistas, perhaps they will use social media — Instagram in particular — to draw inspiration from the hottest influencers of the moment and keep their finger on the pulse of the latest trends.

That means volume is driving market growth, rather than just price increases. Fill in the form and get in touch with the growingleader world!

Altagamma which gathers high-end Italian cultural and creative companies and BCG are releasing today their latest survey on luxury goods, which covered more than 12, consumers of luxury goods across ten countries. Altagamma Studies archive Filter by year. Browse News collects all the stories you want to read. Salvatore Interdonato Create Altaamma.

By continuing to use this site, or by clicking “I agree,” you consent to the use of cookies. The omnichannel approach has stabilized for the first time; online-only and store-only growth have reached equilibrium. ludury

Detailed information on the use of cookies is provided in our Privacy Policy. From one side, they must take advantage of traditional values such as craftsmanship and qualityboth luury which are seen as increasingly important by the new target market.

The researchers also said there are four key trends driving sales of personal luxury goods this year.