The future of luxury report: From rental and resale to digitisation and sustainability

In light of environmental, technological and social shifts, brand and consumer behaviour is changing rapidly with new trends emerging across the luxury sector in 2023

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While many of the changes have been signposted by shifting consumer behaviour in 2022, these are really set to bed in for 2023. The discerning consumer is favouring brands with purpose, demanding more connectivity, transparency, and social responsibility. Millennials and Gen Z consumers are forcing change and luxury brands are responding strategically to these demands. As a result, businesses have to prioritise and invest in environmental protection along with diversity and inclusion strategies to stay ...