Fashion and luxury
Rebuilding value beyond price
For a decade, luxury grew by charging more. It worked until it didn't. Margins are at 2009 levels, aspirational consumers have pulled back, and resale platforms are scaling faster than firsthand channels. The correction is not cyclical. Brands that decoupled price from meaning have no floor when confidence shifts.
The opportunity sits with those who move first. Top-tier clients are still spending, but on brands that demonstrate craft, recognize them across every touchpoint, and give them a circular journey worth staying in. Younger cohorts are entering the market looking for exactly the same things. The value pools are there. The question is who builds the infrastructure to capture them.
The houses getting there will run brand, experience, and technology as one system.
Read our full Luxury and fashion market insights report here.
Fashion and luxury index
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Since 2020
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Van Cleef & Arpels
Since 2018 -
le19M
2023–2024 -
Beyond a luxury fashion brand, a cultural powerhouse
2022–2024 -
Capturing the power of sport for all athletes
2022–2024 -
Maison Francis Kurkdjian
2022 -
Sephora
2022 -
Uncompromising creativity
2021–2022 -
Fashion business goes digital
2014–2022 -
Fashop
2021 -
Turning shopping from a to-do to a ta-dah
2019–2021 -
Clinique
2019 -
Tamara Comolli
2019 -
Charvet
2018 -
Celebrating and empowering women
2017–2018 -
Longchamp
2016 -
See fashion first
2014 -
Theyskens’ Theory
2011 -
I-D Magazine
2011 -
Estée Lauder
2009–2010 -
Salomon Sports
2007–2010 -
BurdaStyle
2009 -
Madame Figaro
2006 -
Bourjois
2004