Luxury Retail Market Insights
The 2025 Global Luxury Retail Report reveals significant growth in the luxury retail sector. Despite facing various challenges, the industry shows resilience with more store openings and increasing rents in key markets. This positive trend signifies a robust demand for luxury brands, particularly in regions like China, which continues to be a primary driving force.
According to the Savills Report 2025, the luxury retail landscape is evolving. Major cities are experiencing a surge in luxury store openings, reflecting a shift in consumer behaviors and preferences. The rise in rents indicates a competitive market, where premium brands vie for prime locations. This scenario not only highlights the strength of the luxury sector but also its adaptability in challenging times.
