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United States

Stories tagged United States.

Luxury / news / en

Global Luxury Market on Track to Reach $700 Billion by 2030

The global luxury market is projected to hit $700 billion by 2030, driven primarily by growth in the United States and China, according to a new survey-based report.

luxury marketglobal growthUnited StatesChinaconsumer behaviorMcKinsey report
Luxury / news / en

Emotional Connection Tops Logo and Heritage for Luxury Shoppers, Report Finds

A new report reveals that aspirational and established luxury clients, spending $5,000 to $50,000 annually, have been underserved despite representing up to $90 billion in potential growth. Emotional connection now outweighs logo recognition and craftsmanship.

luxuryemotional connectionconsumer behaviorreportUnited StatesChina