Luxury Daily
The authority in luxury news.
Feb. 8, 2026
  1. IHG dedicates new ‘Fancierge’ experiences to rugby fans
  2. Off the Cuff: A Q&A with Wheels Up’s George Mattson
  3. Kering Generation Award X Jewelry returns
  4. Versace hires Pieter Mulier as chief creative officer
  5. Diane von Furstenberg named Icon in The Time 100
  6. David Yurman selects finalists for inaugural $50K design grant
  7. Stella McCartney films trashy tale to inspire mindful consumption
  8. Sotheby's saw record number of new online customers in 2017
  9. Presentation decks and agenda for Luxury FirstLook Jan. 15
  10. Special invite to join State of Luxury 2022 survey – respondents get exec summary
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Research

35pc of aspirational consumers reduced or paused luxury spending in past year: BCG, Altagamma

July 11, 2025

Aspirational luxury buyers, or those spending under 5,000 euros annually on high-end goods and services, have scaled back purchases amid global uncertainty and shifting perceptions of value. Image credit: Altagamma Aspirational luxury buyers, or those spending under 5,000 euros annually on high-end goods and services, have scaled back purchases amid global uncertainty and shifting perceptions of value. Image credit: Altagamma

 

By Amirah Keaton

The luxury market’s most affluent clientele are carrying the industry’s fortunes as macro pressures reshape spending behaviors across segments.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. IHG dedicates new ‘Fancierge’ experiences to rugby fans
  2. Off the Cuff: A Q&A with Wheels Up’s George Mattson
  3. Kering Generation Award X Jewelry returns
  4. Versace hires Pieter Mulier as chief creative officer
  5. Diane von Furstenberg named Icon in The Time 100
  6. David Yurman selects finalists for inaugural $50K design grant
  7. Stella McCartney films trashy tale to inspire mindful consumption
  8. Sotheby's saw record number of new online customers in 2017
  9. Presentation decks and agenda for Luxury FirstLook Jan. 15
  10. Special invite to join State of Luxury 2022 survey – respondents get exec summary
VIDEOS
More Videos

MORE IN Research
Ralph Lauren, Burberry among Lyst Index’s top Q4 risers
Secondhand watch market stabilizes in 2025: Chrono24
China’s luxury market losses narrowing: Bain
‘Americana Chic’ on the rise: 1stDibs
70pc of UHNW families struggling to discuss finances: report
Organic content, not ads, ruled AI-native holiday search results: report



RECENT ARTICLES
Champagne Telmont earns Regenerative Organic certification
Aston Martin loops Breitling in as global watch partner
Estée Lauder Companies raises full-year outlook

Ralph Lauren, Burberry among Lyst Index’s top Q4 risers
Off the Cuff: A Q&A with Wheels Up’s George Mattson
IHG dedicates new ‘Fancierge’ experiences to rugby fans