On June 23, 2020, Boston Consulting Group (BCG), in collaboration with the Italian luxury brand association Fondazione Altagamma, released its 7th edition of the True-Luxury Global Consumer Insights report. Global Luxury Market The report focuses on so-called true-luxury consumers. On average, these consumers spend more than 39,000 Euros (~US$46,000) on luxury goods and luxury experiences […]

In November 2019, Bain & Company, in collaboration with the Italian luxury brand association Fondazione Altagamma, released the 18th edition of its highly regarded Worldwide Luxury Market Monitor. As in the past years, the report’s authors are Milan-based partners Claudio D’Arpizio and Federica Levato. Global Luxury Market In 2019, the global luxury markets reached about […]

In May 2017, management consulting firm Bain & Company, in collaboration with Fondazione Altagamma (an association of high-end Italian companies), released the 2017 Spring Update to its Worldwide Luxury Market Monitor. According to the update, the global personal luxury goods market in 2017 is expected to grow by two to four percent on a year-over-year […]

In October 2016, consulting firm Bain & Company, in collaboration with Fondazione Altagamma (an association of high-end Italian companies), released the 15th edition of the Worldwide Luxury Market Monitor. According to the study, global luxury consumption has reached €1,081 billion (~$1,190 billion) in 2016, which is 4 percent higher than consumption in 2015. The largest […]