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Analyst Opinions
NewLuxury 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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Company Insights
Innovation and Patenting activity of Compagnie Financiere Richemont SA Q4 2023
GlobalData, the industry analysis specialist, has released its latest company patent databook "Innovation and Patenting activity of Compagnie Financiere Richemont SA 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 report will...
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Analyst Opinions
Top Trends in the Apparel Market for 2024
Top Trends in Apparel Market Overview The Top Trends in the Apparel Market for 2024 report includes an analysis of key factors impacting the global apparel market in 2024. The major trends in the apparel market are inflation, mergers and acquisitions, the outperformance of online channels, the importance of value for money, and market polarization among others. Top Trends ·       Inflation ·       Mergers and Acquisitions ·       The Outperformance of Online Channels ·       Importance of Value for Money ·       Market Polarization...
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Thematic Analysis
Apparel M&A Deals Q3 2023 – Top Themes – Thematic Intelligence
This report analyzes the disruptive themes that have driven M&A activity in Q3 2023 in the Apparel Sector
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Company Profile
Compagnie Financiere Richemont SA – Company Profile
Compagnie Financiere Richemont SA (Richemont) is a manufacturer and marketer of luxury goods. The company’s product portfolio includes leather goods, jewellery, luxury watches, writing instruments, clothing, and accessories. Richemont markets these products under Cartier, Piaget, Van Cleef & Arpels, A. Lange & Sohne, Baume & Mercier, Roger Dubuis, Vacheron Constantin, IWC Schaffhausen, Alfred Dunhill, Jaeger-LeCoultre, Chloe, Watchfinder, YNAP and Montblanc brand names. The company offers its merchandise through retail, online platform and wholesale distribution channels. It also provides after-sales services...
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Sector Analysis
Europe Luxury Retail Market Size, Trends, Regional and Category Performance, Brands and Forecast to 2027
Europe Luxury Retail Market Report Overview The Europe luxury retail market size was $109.8 billion in 2022. The market is expected to grow at a CAGR of more than 5% during 2022-2027. Since pop-up or concept store formats have lower startup costs and contribute to better brand recognition, European luxury retailers are investing in them and opening new stores in famous retail areas to increase their market presence. Moreover, luxury retailers are incorporating sustainability into their long-term strategies to tap...
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Thematic Analysis
Ecommerce – Thematic Intelligence
Ecommerce Report Overview The e-commerce market was worth $5.9 trillion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of more than 9% between 2022 and 2027 primarily driven by improved technology and delivery services and wider internet adoption. The E-commerce thematic report provides an overview of the e-commerce theme. It identifies the key trends impacting the growth of the sector over the next 12 to 24 months. It includes a comprehensive industry analysis, outlining...
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Sector Analysis
Middle East and Africa (MEA) Luxury Retail Market Size, Trends, Regional and Category Performance, Brands and Forecast to 2027
MEA Luxury Retail Market Report Overview The MEA luxury retail market was valued at $16.9 billion in 2022 and is forecast to grow at a compound annual growth rate (CAGR) of more than 3% between 2022-2027. The popularity of the Middle East as a tourist destination combined with government initiatives that incentivize luxury businesses has driven growth in the region. Furthermore, Rising affluence among African nations such as Morocco is also contributing to the growing demand for luxury goods in...
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Sector Analysis
Asia-Pacific (APAC) Luxury Retail Market Size, Trends, Regional and Category Performance, Brands and Forecast to 2027
APAC Luxury Retail Market Overview The APAC luxury retail market was valued at $145.7 billion in 2022. The market is forecast to witness significant growth at a compound annual growth rate (CAGR) of more than 7% between 2022 and 2027, driven by rising income levels, especially in major markets such as China, Japan, and South Korea. APAC Luxury Retail Market Outlook 2022-2027 ($ Billion) Buy the Full Report for More Insights into The APAC Luxury Retail Market Forecast, Download a...
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Sector Analysis
Americas Luxury Retail Market Size, Trends, Regional and Category Performance, Brands and Forecast to 2027
Americas Luxury Retail Market Report Overview Americas’ luxury retail market size was $145.2 billion in 2022. The market is expected to grow at a CAGR of more than 5% during 2022-2027. Sales in the region will be boosted by strong growths in Brazil, Chile, and Peru during the forecast period. Additionally, brands expand their reach in the region with new stores, e-commerce initiatives, and innovative strategies. The developing luxury market in Latin America will also drive sales in the region....