Europe Luxury Retail Market Report 2022: Size, Consumer
Dublin, Nov. 02, 2022 (GLOBE NEWSWIRE) — The Chanel%2c+Swatch%2c+%26+Hermes&utm_exec=chdo54prd” rel=”nofollow noopener” target=”_blank” title=”Europe Luxury Retailing Market Size, Consumer and Retail Trends, Competitive Landscape and Forecast, 2016-2026″>“Europe Luxury Retail Market Size, Consumer and Retail Trends, Competitive Landscape and Forecast, 2016-2026” report has been added to from ResearchAndMarkets.com offer.
This report provides an overview of the luxury retail in Europe, which includes analysis, market forecast, brands and trends in the luxury retail in Europe market 2016-2026.
In 2022, with the ongoing Russian-Ukrainian war, several luxury retailers such as LVMH, Gucci, Prada suspended their activities in the country indefinitely. This will severely affect regional luxury retail sales, as it will also limit Russian luxury spending outside of Russia.
- The European luxury retail market will face a major downside due to ongoing geopolitical tensions in Eastern Europe
- Digital and physical expansions in the region have become imperative for brands to remain relevant
- Metaverse, NFT and sustainability are emerging trends for luxury brands
- LVMH’s stable of brands dominates Europe with 19.6% market share in 2021
Reasons to buy
- Gain in-depth knowledge of the European luxury retail market and develop a competitive advantage
- Investigate current trends in the European luxury retail market to identify the best opportunities to exploit
- Analysis of the main luxury retail players operating in Europe
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing key consumer and technology trends influencing the luxury fashion market in APAC
- Analyze recommended actions to align your marketing strategies with crucial trends influencing consumer behavior in APAC
Main topics covered:
- Key trends in the luxury retail market
- Europe Market Size and Forecast 2020-2025
- Regional Performance and Forecast 2021-2026
- Category Performance and Forecast 2021-2026
- Competitive Landscape: Top 10 Brands
- Competitive Landscape: Brand Profiles
- Methodology, definitions and contacts
For more information on this report, visit https://www.researchandmarkets.com/r/wvve40