Japan Luxury Market Revitalising Trend: Japan's Luxury Market Thrives Post-Pandemic Major luxury brands are reaping the benefits of this tourist influx. LVMH, with about a quarter of its Asia stores located in Japan, noted double-digit revenue growth in Japan in Q1 '24. Hermès saw a 25% hike, while Ermenegildo Zegna group's APAC revenues grew by nearly 29%
Luxury Spending Research Shows Luxury Spending Down by 11% in the United States As we all know, the end of luxury, a term coined by Super Dacob, a YouTuber, has already arrived. It appears that spending is down throughout the world and for several reasons.
