"The concept of luxury is evolving beyond fine jewelry and formalwear. For today’s consumers, easy, enjoyable, even interactive experiences can be luxuries as well. For younger, male consumers, however, recognizable brand names are still an important part of signaling a luxurious lifestyle. Designer brands must be able to interpret a redefined luxury and demonstrate their value through quality, expediency, customization and/or sustainability."
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Overview
Overview
This report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Executive Summary
Market
Market
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
The Market – What You Need to Know
Defining Luxury
Identifying the Luxury Consumer
Consumer
Consumer
Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel Trends to Watch
The Consumer – What You Need to Know
Spending Motivations
Pricing for Apparel and Accessories
Lifestyle Services
Reaching Luxury Consumers
Brand/Company
Brand/Company
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Luxury Trends – What You Need to Know
Key Players and Perceptions
What’s In?
What’s Out?
What’s Next?
Data
Data
Reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
Appendix – Data Sources and Abbreviations
Appendix – Key Players
Appendix – The Consumer
14th April 2020
“Now is not the time for brands to expect consumers to make big ticket purchases. However, there are opportunities for luxury brands to build positive perceptions by putting other priorities before profits during the COVID-19 pandemic.” 
6th December 2019
“LVMH’s acquisition of Tiffany will help expand the conglomerate’s reach worldwide and further cement its place as the global leader in luxury. Smaller luxury brands that wish to remain independent may struggle to survive as the industry continues to move toward the realm of a few multinational parent companies.”
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Those who can afford luxury products are among the least interested
