As the luxury market adapts to evolving consumer behaviors and global economic shifts, the latest insights from Luxurynsight reveal key strategies driving resilience and growth within the sector.

Key Trends:

• Diversification via partnerships, hospitality, and new categories

• Retail expansion, relocations, and real estate acquisitions on prime locations

• Strengthening supply chains through vertical integration

• Expanding presence in sports to attract younger audiences

Download the full Luxury Industry Trends Nov 2024 report powered by LY News to stay ahead of the latest market movements defining the global luxury market!

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