Personal luxury in Western Europe

Provides a regional overview and country snapshots of personal luxury in Western Europe.
  • In 2017, at a regional level, Gucci ranked among the top five brands in designer apparel and footwear, luxury eyewear, and luxury leather goods.
  • The 2016 EU referendum in the UK triggered worries of an economic slowdown that would affect both brands and consumers.
  • However, the personal luxury market in Western Europe and the UK in particular have shown resilience.
  • Despite the increasing democratisation of luxury, thanks to the rise of more ‘accessible’ categories such as super-premium beauty and personal care, the personal luxury market remains highly consolidated, dominated by French conglomerates LVMH and Kering....

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