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Inside Wealth: Luxury spending now driven by experiences and 'inheritourism'
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- Luxury spending is expected to rebound this year, driven mainly by experiences rather than luxury goods, according to a new study.
- After two years of declines, luxury goods sales are expected to grow between 1% and 4% in 2026, according to a report from Bain & Co. and Altagamma.
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Luxury spending is expected to rebound this year, driven mainly by experiences rather than luxury goods, according to a new study.
After two years of declines, luxury goods sales are expected to grow between 1% and 4% in 2026, according to a report from Bain & Co. and Altagamma. Personal luxury goods sales are projected to reach between 365 billion euros and 373 billion euros (US$413.6 billion to US$422.7 billion) this year.
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