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Dec. 22, 2025
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Retail

Luxury retailers courting smaller, underserved affluent markets: report

May 4, 2023

Informed by the geography of store openings over the last 12-18 months, a new report from Savills shares insights regarding the best store opportunities for 2023. Image credit: Savills A new report from British real estate services company Savills shares insights regarding the best store opportunities for 2023. Image credit: Savills

 

By Amirah Keaton

Though the future looks bright for a few traditional shopping hot spots around the world, especially across Europe, luxury labels have been forced to pivot retail operations into a few new markets.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
  2. Kering to acquire jewelry manufacturer Raselli Franco Group
  3. Savannah College of Art and Design debuts SCAD LUXE research center
  4. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  5. Ennismore picks Bangkok site for first-in-region SLS Residences
  6. Lamborghini heads to French Alps for women-led driving series
  7. ‘Sound. Elevated.’ from Bang & Olufsen marks centennial
  8. Dolce & Gabbana debuts Devotion fragrance film
  9. Laura Burdese to succeed Bulgari CEO
  10. With ‘My Call,’ Rémy Martin finds meaning in new milestones
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