2024 Pdf | Bain Luxury Report

: Experiential luxury surged, with cruises rising 30% , private jets/yachts 13% , dining 8% , and hospitality 4% . Regional & Category Trends

Luxury in Transition: Securing Future Growth - Bain & Company bain luxury report 2024 pdf

Luxury in Transition: Securing Future Growth - Bain & Company : Experiential luxury surged, with cruises rising 30%

| Role | Value | |------|-------| | | High – essential for budgeting and regional planning. | | Investors / analysts | High – benchmarks for LVMH, Kering, Richemont performance. | | Retail real estate / mall operators | Medium – confirms shift to flagship stores. | | MBA / marketing students | High – best free case study on luxury cycles. | | Casual enthusiast | Low-medium – quite technical; Bain’s press release summary is enough. | | | Retail real estate / mall operators

: Shoes and watches both declined by 5% to 7% , heavily impacted by price hikes and a slowdown in aspirational shopping. Strategic Outlook