1. Shopper & Customer

Living Large: 2022 Luxury Trends

Written by Posted on Less than 0 min read
WitScore: 5

Bank on swank …

Even as inflation soars, luxury shoppers still pamper themselves by investing in upscale brands.

More notable trends:

🛍 BRICK & MORTAR: Even as luxury evolves online, high-touch, in-store experiences seal the deal, inspiring Versace to open 88 new stores this fiscal year [Retail Dive]

📈 PRICE HIKES: Luxury shoppers’ price elasticity prompted Chanel to raise handbag prices 16% ahead of the 2021 holiday season [Business of Fashion]

🧲 GEN Z MAGNETS: To target younger shoppers, luxury brands collaborate with BTS, Rihanna and Beyoncé (vs. AC/DC, Bono and Axl Rose)

What luxury trends would you add?

HUGE thank you to Santosh Kushwaha and his award-winning team at VisualBest for this timely, striking design.

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