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Dec. 4, 2025
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Research

Amidst ‘subdued’ growth, true luxury buoyed by UHNWI in 2023: report

April 11, 2023

As challenging macroeconomic factors take on the market, wealthy consumers are providing shelter from the storm. Image credit: Luxury Institute As challenging macroeconomic factors take on the market, wealthy consumers are providing shelter from the storm. Image credit: Luxury Institute

 

By Emily Iris Degn

Consulting firm Luxury Institute is out with its latest White Paper report indicating that while the market faces a year of challenges ahead, ultrawealthy consumers are to remain resilient.

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  1. Estée Lauder Cos., Jo Malone launch AI scent advisor
  2. New film from Moncler marks return to Winter Olympics
  3. Luxury Unfiltered: The one question most luxury CEOs cannot answer
  4. Dior’s ‘Lady Art’ project turns 10
  5. St. Regis Estates to premiere in 2027
  6. Hyatt names global lead for luxury brands
  7. Fendi reveals holiday window displays
  8. Balenciaga makes holiday statement in new campaign
  9. Follow @LuxuryDaily for the latest in luxury news
  10. Mercedes-AMG partners with Brad Pitt, stages racing stunt in Las Vegas
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