Bain & Company | News | Luxury

An overview of Bain & Company news in Europe:

Global luxury sector braces for downturn as demand weakens The ongoing uncertainty in the global economy, combined with the effects of Trump-era tariffs, is proving challenging for luxury brands like Louis Vuitton, Hermès, and Gucci.
03 July 2025
Global luxury goods industry could grow by 12% this year The luxury goods market – think watches, jewelry, and high fashion brands – is growing at a remarkable rate, with the global market expected to reach up to €570 billion by 2030, which is double its w
18 August 2023
Global luxury goods market comes roaring back to hit new record Following a sharp contraction during the first year of the corona crisis, the global personal luxury goods industry has come roaring back in 2021 and expected to hit €283 billion by year end, accordi
12 November 2021
Global luxury goods market rewinds six years amid corona pandemic Bain & Company and Fondazione Altagamma have released the 2020 edition of their annual ‘Worldwide Luxury Goods Monitor’.
19 November 2020
Bain: Personal luxury goods market will need years to recover The global personal luxury goods market will need years to recover from a Covid-19 induced downturn.
12 May 2020
Spending on personal luxury goods to top €270 billion this year The global personal luxury goods sector will grow by up to 6% this year, lifting the industry to a market value of around €276 billion, according to a new analysis by Bain & Company in collaboration
24 June 2019

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