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Innovation Ranking
Innovation Ranking – LVMH Moet Hennessy Louis Vuitton SE
LVMH Moet Hennessy Louis Vuitton SE (LVMH) is a manufacturer and marketer of luxury goods. The company's product portfolio comprises clothing, fashion and leather goods, wines and spirits, perfumes and cosmetics, jewelry, and watches. It also offers cruise services and carries out selective retailing business and various other activities under the DFS, La Grande Epicerie de Paris, Sephora, and Le Bon Marche Rive Gauche banners. LVMH markets products under the Christian Dior, Guerlain, Givenchy, Kenzo, Louis Vuitton, Celine, Emilo Pucci,...
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Thematic Analysis
NewBlockchain in Travel and Tourism – Thematic Intelligence
This thematic research report takes an in-depth look at the theme of blockchain and the impact it has on the travel and tourism industry. This report analyzes the players impacted by this theme alongside the contributing trends, negative destination trends, unintended opportunities, and trends that have emerged as a result of blockchain. It then dives deep into an industry analysis, presenting several real-life case studies looking at how destinations and companies have responded to the impact of this theme on...
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Analyst Opinions
NewFactors of Influence for Purchases – Key Trends and Consumer Insights
Factors of Influence for Purchases – Key Trends and Consumer Insights Report Overview The top five factors that influence consumers’ purchases are value for money, quality, price, discounts and promotions, and range. Value for money is the most influential factor among others for most sectors. This is unsurprising given the persistent pressures on consumers’ discretionary incomes and weak consumer confidence. On the other hand, discounts and promotions are generally less influential in purchasing choices but this is relatively more important...
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Analyst Opinions
Luxury Retailing Market Size, Trends and Analysis by Regional and Category Performance, Brands and Forecast to 2028
Global Luxury Retail Market Report Overview The global luxury retail market size was $462.7 billion in 2023. The market will grow at a CAGR of more than 6% during 2023-2028. Tourism numbers are set to bounce back to pre-pandemic levels, enabling higher luxury consumption at travel retailing stores as well as tourists boosting spend in key city centers. Furthermore, the continued growth in tourism is driving the global luxury retail market growth. Global Luxury Retail Market Outlook 2023 - 2028...
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Thematic Analysis
NewEnvironmental Issues in Retail and Apparel – Thematic Intelligence
Environmental Issues in Retail and Apparel Thematic Report Overview Governments and governing bodies worldwide are enacting a range of regulations surrounding the environment that retailers need to keep abreast of. Scrutiny of retailers’ sustainability credentials and initiatives will ramp up as countries battle to meet emission targets and environmental impacts across their supply chains. Over half of consumers globally agree that they are loyal to brands that support “green” or environmental matters. However, the proportion of consumers who follow this...
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Thematic Analysis
Blockchain in Consumer Goods, Packaging and Foodservice – Thematic Intelligence
Blockchain in Consumer Goods, Packaging and Foodservice Report Overview Blockchain can bring value to consumer companies by improving the traceability of the companies' supply chains and as a form of payment via cryptocurrencies. Supply chain traceability is the use case that consumer goods, foodservice, and packaging companies can all derive value from. Blockchain applications can enable these companies to prove the ethical credentials of their supply chains. Additionally, accommodating cryptocurrency payments is a useful but non-essential investment for consumer companies....
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Company Insights
Innovation and Patenting activity of LVMH Moet Hennessy Louis Vuitton SE Q4 2023
GlobalData, the industry analysis specialist, has released its latest company patent databook "Innovation and Patenting activity of LVMH Moet Hennessy Louis Vuitton SE Q4 2023". The databook highlights patenting activity of the company in terms of growth in filings and grants, regions protected, impact of various themes, sector applicability of technologies protected. It provides contextual analysis of technical peers, their strategy, dominance (Grant share) and their recent activities. This is an on-demand databook that will be delivered upon request. The...
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Thematic Analysis
Premiumization in Travel and Tourism – Thematic Intelligence
Premiumization in Travel and Tourism Thematic Report Overview Premiumization refers to the process of elevating products, services, or experiences to a higher quality and offering luxury and exclusivity. It is influenced by factors such as age, lifestyle, experiences, and income. To effectively implement premiumization strategies, players are focusing on the preferences of the target audience and market dynamics. Businesses need to understand the unique wants and expectations of customers to offer products or services that reflect and align with their...
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Sector Analysis
Luxury Apparel Market Size, Trends and Analysis by Regional and Category Performance, Brands and Forecast to 2028
Luxury Apparel Market Overview The luxury apparel market size was $201.6 billion in 2023 and will grow at a CAGR of more than 5% during 2023-2028. In 2023, after two years of impressive growth propelled by pent-up demand post-pandemic, the global luxury apparel market began to taper as economic challenges in Europe and the US began to hit aspirational shoppers. However, the luxury apparel market demand will pick up again in 2025 as inflation rates begin to stabilize and aspirational...