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Louis Vuitton remains the most valuable brand, while LVMH dominates the overall fashion and leather goods market share. 🛍️ Strategic Shopping Channels
Buying designer goods now happens across three primary "lifecycle" stages: State of Fashion report archive (2017-2024) - McKinsey buy designer brands
The luxury industry is recalibrating after a post-pandemic boom, facing economic headwinds like inflation and shifting consumer priorities. Louis Vuitton remains the most valuable brand, while
Categories like jewelry and high-end watches remain strong, driven by ultra-high-net-worth customers. buy designer brands
Middle-tier shoppers ($3,500–$11,500 annual spend) are pulling back due to aggressive price hikes.