Global luxury spending reached €1,443 billion in 2025. Luxury experiences continue to outpace tangible goods, but personal luxury goods spending is stabilizing in 2026, with the market (at €358 billion last year, down 2% at current rates but up 1% at constant exchange rates vs. 2024) expected to grow by 2% to 4% for the [...]
Global luxury stabilizes amid compounding disruptions as brands race to amplify meaning and rebuild relevance
