Oct. 8, 2024: Is luxury losing its luster as US affluent consumers’ priorities shift?

VOICE OF LUXURY

October 8, 2024

Retail Is luxury losing its luster as US affluent consumers’ priorities shift?
Personal luxury brands are finding themselves in a moment of crisis, driven by macroeconomic pressures and waning consumer demand. Entire article

Real estate 3 weeks left! Have you registered for Luxury Roundtable’s luxury real estate conference Oct. 30?
You're invited to meet the most influential leaders and sales executives in the luxury real estate business as well as upscale retailers and brands as they share their strategy for 2025. Register now for Luxury Roundtable's Luxury Agent Forum New York Oct. 30 – limited seating. Entire article

Real estate Global house price growth continues to accelerate
About three-quarters of markets saw house prices climb in the past three months – the highest reading in two years. Entire article

Wealth management In boost for investment migration, EU advocate general affirms Malta’s sovereign right to grant citizenship
The country's citizenship by naturalization program has attracted high-net-worth investors who bring long-term economic benefits to Malta. Entire article

Retail Webinar Oct. 9: AI in Luxury for Customer Acquisition and Retention
AI is on track to upend the luxury business across sectors, including fashion, real estate, hospitality, jewelry, beauty, art and transportation. Are you prepared for the imminent scramble for customer attention and dollars? For much-needed clarity and hype-free dialogue, join us Wednesday, Oct.9 at 11 a.m. to noon ET (New York time) on Luxury Roundtable's webinar. Entire article

Retail In merger of luxury ecommerce rivals, Mytheresa acquires Yoox Net-A-Porter from Richemont
Mytheresa, to its credit, is the only online retailer in the luxury space that has generated positive earnings in the past few years. Entire article

Media Call for columns and thought leadership on luxury trends and issues
Luxury Roundtable is inviting insightful columns and thought-leadership articles on issues, trends, opportunities or challenges affecting the luxury business, whether in one sector or many. Entire article

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