Consumers increasingly prioritized personal wellness, unique travels, and social experiences over tangible inventory. This recalibration effectively marked the definitive conclusion of the post-pandemic "revenge buying" cycle.
Sustained by tourism, particularly in Southern Europe and Tier-1 cities, though local demand remained normalized. Bain & Company Category Winners While shoes and watches faced steep declines, Beauty (+3鈥�5%) Eyewear (+3鈥�5%) remained resilient as consumers sought "small indulgences". bain luxury report 2024 pdf
Luxury in Transition: Securing Future Growth - Bain & Company Consumers increasingly prioritized personal wellness
The 2024 PDF uses a heat map to visualize regional health. Here is the simplified translation: bain luxury report 2024 pdf
