Summary

This report provides an overview of luxury fashion in the global apparel market which includes key trends, retailer reactions and outlook.

Most luxury brands experienced high growth rates in H 1 FY 2021 achieving a full recovery against pre pandemic levels, with LVMH leading the way with an outstanding performance of 38 versus 2019.

Scope

- The luxury sector has had an exceptional recovery from COVID-19, boosted by APAC domestic spending
- Desire for luxury among younger consumers is growing, with casualwear and sportswear being a focus
- The pandemic has driven innovation within the online channel, though physical locations remain crucial to justify higher price points

Reasons to Buy

- Gain a comprehensive view of the luxury fashion in the global apparel market
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of Covid-19 on the luxury fashion in the global apparel market
- Investigate current and forecast trends in Luxury Fashion in the global apparel market to identify the opportunities offering the most potential
- Understand who the main competitors are in the market and their price positioning
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behaviour