Demand for luxury goods saw exuberant growth this summer as consumers traveled en masse and indulged in “revenge spending” post-Covid. Now, in this back-to-school period, the sector is making the most of an Indian summer, basking in the last rays of sunshine before winter. And this year, the frost will bite harshly.
The luxury industry is not only bracing for a drop in demand in the last three months of 2022 as consumer sentiment, reflecting an increasingly adverse macro-economic environment, turns negative. It will also have to contend with the worst power shortages and supply chain disruptions in its 40-year history. Small businesses will suffer more than big ones, analysts and industry executives predict.
This article is for subscribers only
True journalism, like goldsmithing and embroidery, relies on expertise.
Miss Tweed only focuses on proprietary information and analysis. By subscribing, you support a team of journalists who work only for you. Our mission is to bring you reliable and accurate information on the luxury and fashion industry which, in 40 years, has become one of the pillars of the global economy.
Comment l’industrie du luxe et de la mode, quasi-inexistante il y a quarante ans, est
devenue une puissance mondiale ? Dans cette anthropologie du glamour, la journaliste Astrid Wendlandt
épingle ses super-héros et analyse ses contradictions.
Author and journalist Astrid Wendlandt conducted a four-year investigation vinto the
secretive world of fashion and luxury involving hundreds of interviews with top executives and
This book is a compilation of Miss Tweed’s stories during its first year. The digital revolution, the closely guarded secrets of LVMH, Richemont and Kering and the future of watchmaking are among the many topics Miss Tweed covered between the summer of 2020 and the summer of 2021.