Deloitte – Global Powers of Luxury, 2026

The report analyzes the luxury goods industry with a forward-looking perspective.

It shifts from traditional financial statement analysis to a survey-based study involving 420 C-suite and senior executives across ten countries. The study covers key luxury sectors including apparel and footwear, bags and accessories, jewelry, watches, beauty, and hospitality. It highlights consumer trends, growth opportunities, technology adoption including GenAI, sustainability, and future growth levers. The luxury industry is transitioning from focusing solely on products to emphasizing experiences and connections between brands and consumers. Current challenges include cost-of-living pressures, global tensions, supply chain issues, regulation, and uneven demand in China. The industry is entering a phase of stabilization after a post-pandemic surge.