After years of significant growth—remember the revenge spending era?—the luxury market is going through a period of turmoil with a decline in demand and rising prices. From an increased curiosity toward lesser-known luxury brands (ever heard of Charvet or Flabelus?) to wanting more luxury accessories, Gen Z is often credited for the latest trends in the industry. And it makes sense that all eyes are on Gen Z’s relationship with luxury brands since this gen is shaping the future of the industry—and arguably its present, too. So, more than ever, luxury brands, and any brand wanting to know what’s going...
9/3/25
Luxury Report
For young consumers, luxury is about treating themselves, whether that’s through splurging on a...
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