Bain & Company | Global news | Luxury

An overview of Bain & Company global news:

China

China to lead global personal luxury goods market by 2030 Following a robust performance in the first half of 2023, China is expected to surpass the United States in terms of luxury spending, with 40% of the global market share by 2030.
10 September 2023
China

Coronavirus spells big trouble for luxury goods market, say Bain and BCG Coronavirus spells trouble for luxury goods market, say Bain and BCG In behind the aviation industry and many segments of the food & beverage and entertainment sectors, the global fashion and luxury
31 March 2020
China

China to account for nearly half of luxury goods market by 2025 The global personal luxury goods sector will grow by up to 6% this year according to a new analysis by Bain & Company, lifting the industry to a market value of around €276 billion.
22 July 2019
Asia

Millennials driving luxury retail resurgence in China, shows Bain report The luxury consumer retail market in China continues to rebound strongly, with Millennials powering 20% growth last year.
12 February 2018
Middle East

Chalhoub Group launches joint venture with Duval Union Consulting Award-winning luxury retailer Chalhoub Group has forged a partnership with Belgian consultancy Duval Union Consulting.
22 January 2018
United Kingdom

Total private wealth in China booms to estimated $28 trillion The number of HNWIs in China has climbed from 181,000 in 2006 to more than an estimated 1.8 million this year.
16 October 2017
United Kingdom

Bain: Top 11 luxury markets and cities of the globe The US, Japan and Italy are the largest luxury-goods markets of the globe, according to a research from Bain & Company.
29 October 2014
United Kingdom

Bain: Global luxury goods market grows to 223 billion Despite Europe’s sick-man economy, Russia’s conflict with the West over Ukraine and the turmoil in Hong Kong, the global luxury market is on track to grow by 5% this year to €223 billion, according t
20 October 2014
United Kingdom

Bain: Diamond value quintuples through value chain The diamond value chain is on the most value adding processes in the world. Between production and retail, revenues of market players increase by a factor of nearly 5x.
06 November 2013
United Kingdom

Bain: Antwerpen still market leader in diamond industry Antwerpen still is the diamond-walhalla of the world, concludes a new market analysis of the diamond industry by Bain & Company.
24 October 2013
United Kingdom

Bain & Company questions if diamonds are forever Diamonds are forever is a well-known saying. Yet a new study from Bain & Company in cooperation with the Antwerp World Diamond Centre (AWDC) shows that diamonds may well not be around forever.
15 October 2013
United Kingdom

Bain & Company: luxury industry immune to crisis Consumers within the worldwide luxury industry are not strongly influenced by the economic crisis.
12 March 2013
United Kingdom

Bain analyzes the price strategy of Estée Lauder Estée Lauder has hired management consultants Bain & Company to review its pricing strategy and the potential impact of further price harmonization of its products across geographies.
27 July 2012
United Kingdom

Bain: Demand for diamonds rises 6 percent annually The growing prosperity in China and India leads to a sharp increase in the demand for diamonds of more than 6% a year over the next decade. This will almost double the size of the market.
20 January 2012

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