Global Powers of Luxury Goods 2019

The global luxury goods market posted solid growth in 2019, even against the backdrop of a slowing global economy. Deloitte’s Global Powers of Luxury Goods report highlights several key trends shaping the future of the industry, driven largely by digitization and the growing influence of Millennials and Generation Z.

The report examines the forces redefining luxury, including shifting customer expectations, the rise of digitally native luxury buyers, and the operational changes required to meet the demands of a global, omnichannel marketplace. It also identifies the 100 largest luxury goods companies based on publicly available FY2017 data and evaluates their performance across regions and product categories.

For leaders in retail, fashion, and consumer goods, these insights offer a valuable perspective into how luxury brands are adapting to new customer demographics, emerging technologies, and evolving market dynamics.

You can explore the full Deloitte report here:
https://www2.deloitte.com/global/en/pages/consumer-business/articles/gx-cb-global-powers-of-luxury-goods.html