Shaping 2025: Key Trends in the Luxury Landscape
As we approach 2025, the luxury sector is undergoing transformative shifts across wellness, travel, digital innovation, and food and beverage (F&B). While the sector overall is expected flat growth, HNWIs continue to outperform other segments, with 57% of HNWIs globally expecting their disposable income to increase,
How Can Luxury Brands Lure the Ultra-high-net-worth Consumers?
MILAN — Luxury’s skyrocketing prices may have left aspirational consumers with window shopping as their sole comfort, but high- and ultra-high-net-worth individuals don’t seem to be skimping on their shopping sprees, undaunted by the dampened macroeconomic landscape. Over the past 12 months, Europe,
Singapore’s Rich Chinese Cut Back on Ferraris and $75,000 Whisky
In Singapore’s boomtime, whisky dealer Manjit Gill used to sell at least a bottle every day to his wealthy Chinese customers, who occasionally splurged as much as S$100,000 ($75,000) in one go on single malt. These days, three sales a week to them counts as a good run. Gone too are the most outlandish purchases. “The
Agility Event – Milan and Paris – October 2024
Join us on the for an insightful exploration into the World of luxury shoppers. Join senior level executives as Agility and Global Blue delve into data, insights and outlook for the luxury consumer in the coming year. Our Managing Director, Amrita Banta, will share exclusive insights on evolving trends alongside Mathieu Grac,
WealthLens™ 2024: Unveiling the Aspirations and Priorities of Asia’s HNWIs in Singapore and Hong Kong
AFFLUENTIAL’s newly released study, WealthLens™ 2024, draws insights from interviews with over 400 High Net Worth (HNW – individuals with liquid financial assets exceeding USD 1M) and 200 Very High Net Worth (VHNW – individuals with liquid financial assets exceeding USD 5M) individuals across
Tapping into the Mindset of the Global Wealthy: WealthLens™ 2024/25
It’s only been 2 years since the peak of the Covid pandemic and life has returned back to normal across the globe. Our data shows the World’s wealthy are getting wealthier and their desire and mindset to spend their wealth in their lifetime has changed considerably from pre Covid. Geopolitical tensions, carry trades, volat
