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Luxurys Lost Decade Begins as 50 Million Shoppers Exit the Market - Printable Version

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Luxurys Lost Decade Begins as 50 Million Shoppers Exit the Market - Stanley - Mar 26, 2026

Luxury’s Lost Decade Begins as 50 Million Shoppers Exit the Market

The global personal luxury goods market is at an inflection point. After a decade of almost uninterrupted expansion, the industry saw its first meaningful contraction in 15 years in 2024–2025. Within this contraction, a brutal divergence has emerged: Hermès and Prada are gaining share, LVMH and Richemont remain resilient.


https://hackernoon.com/luxurys-lost-decade-begins-as-50-million-shoppers-exit-the-market?source=rss


RE: Luxurys Lost Decade Begins as 50 Million Shoppers Exit the Market - Prawnster - Mar 26, 2026

Not everyone can afford to buy luxury goods nowadays, I've noticed that in some of my ecommerce ventures.


RE: Luxurys Lost Decade Begins as 50 Million Shoppers Exit the Market - Null State - Mar 30, 2026

I've always had the mindset that it isn't usually worth it to spend the money on said things. Money is much better spent elsewhere.


RE: Luxurys Lost Decade Begins as 50 Million Shoppers Exit the Market - Thomas5466 - Apr 3, 2026

(Mar 26, 2026 12:01 PM)Prawnster Wrote:  Not everyone can afford to buy luxury goods nowadays, I've noticed that in some of my ecommerce ventures.

Yeah you’re right