The World Luxury Tracking (WLT) sets the standard for luxury market studies. Every year, this global monitor analyses trends throughout the different markets and allows brands to better understand new consumer expectations. What can be said about their state of mind? And what about their experiences? What is their purchase journey? What are their expectations? The latest WLT wave covers: France, Italy, Spain, Germany, UK, USA, Saudi Arabia, the United Arab Emirate, and the emergence of maturing luxury consumers as well as a new Luxury Culture.

Affluent consumers make up an important consumer group, but they are not fully understood nor effectively targeted by businesses.

A collective backlash against ostentatious spending is fuelling new anxiety among luxury consumers. This is forcing luxury brands to rethink their products and services to be more social, accessible and supportive.

NEW YORK, Nov. 12, 2018 (GLOBE NEWSWIRE) -- To generate the trends likely to affect the luxury industry in 2019, the Luxury Institute recently initiated a crowdsourcing project with its global consulting unit, the Global Luxury Expert Network (GLEN ). Collectively, Luxury Institute is comprised of the world’s largest network of elite, on-demand luxury consultants who provide real-time, effective solutions for luxury clients at a fraction of the cost of traditional consulting firms. Below are seven key trends that Luxury Institute’s elite luxury expert network predicts will help reshape the luxury industry in 2019.

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Sotheby’s International Realty Affiliates LLC is proud to present “Global Affluence: The Emerging Luxury Consumer,” a report examining the confidence, spending habits and purchasing interests of emerging luxury consumers from around the world, defined as those with $250,000 USD to $1 million USD in investable assets. The report, which is based on a survey that focused …

Five Actionable Tactics That Appeal To Luxury Consumers Including Insights From Allison Samek, CEO of Legendary Luxury Retailer Fred Segal

MADISON, N.J., May 2, 2017 /PRNewswire/ -- Sotheby's International Realty Affiliates LLC today announced that it has released "Global Affluence: The Emerging...

Industry Trend Analysis - Introduction Industry Trend Analysis - Luxury Outlook: Developed Markets Industry Trend Analysis - EM Luxury Outlook To Strengthen In 2018 Industry Trend Analysis - China Luxury Focus: Wine And Champagne Winning Over Consumers Industry Trend Analysis - Russia Luxury Focus: Autos Standout Segment In High-Growth Market Industry Trend Analysis - UAE Luxury Focus: Fashion Our Favourite Growth Segment Industry Trend Analysis - Asia Luxury Focus: A New Frontier For High-End Cosmetics In South East Asia Industry Trend Analysis - Latin America Luxury Focus: Department Stores Key To Navigating Risks Industry Trend Analysis - SSA Luxury Focus: Cautious Luxury Investment In Challenging Region Industry Trend Analysis - China Leading The Way With Luxury E-Commerce Industry Trend Analysis - Slower Luxury Retail Tourist Growth Outlook Industry Trend Analysis - When Luxury Gets Political Competitive Landscape - LVMH Group (Moët Hennessy Louis Vuitton) Company Strategy Competitive Landscape - Kering Group Company Strategy Competitive Landscape - Compagnie Financière Richemont Company Strategy

Practice Perspectives explores the fast-growing global luxury goods sector with a focus on emerging markets and the need for multicultural executives.