Luxury industry: strategies to grow in a changing environment
El impacto de nuevas tecnologías como la inteligencia artificial y los cambios en los hábitos de los consumidores debido a las redes sociales centran el debate en una industria que sigue manteniendo unas cifras sólidas. Leer
The global luxury industry is expected to reach €628 billion by 2030, according to a report by McKinsey and Company. In Europe, the luxury sector accounts for 5% of GDP and 10% of exports. The industry is undergoing significant changes, driven by technological advancements, social shifts, and changing consumer behaviors. Speakers at the EXPANSIÓN Luxury Forum in Madrid, including Urbano Cairo, Diego Della Valle, and Sidney Toledano, emphasized the need for luxury brands to adapt to these changes while maintaining their essence and identity.
The forum also highlighted new business opportunities, such as the premium sports segment and creating unique experiences for clients.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
