Press

  • 85 percent of luxury growth this year due to younger generations

    November 03, 2017 | Retail | CNBC | Media mention

    Claudia D’Arpizio, a partner with Bain & Company, speaks about how luxury brands have changed the way in which they serve their customers.

  • Millennials have fallen in love with Gucci, for now

    October 29, 2017 | Retail | Wall Street Journal | Media mention

    Millennials and their successors in so-called Generation Z will account for roughly 32 percent of total luxury consumer spending this year, according to a new report by Bain & Company.

  • Generations Y and Z drive growth in luxury market

    October 25, 2017 | Retail | The Economist | Media mention

    Only a select group of luxury goods companies are succeeding in luring coveted millennial customers and increasing their profits, according to a report by Bain & Company. “The millennial state of mind has changed the way purchases are made across generations and has pushed luxury brands to redefine

  • Gens Y and Z are Buying Lots of Luxury Stuff after All

    October 25, 2017 | Retail | New York Times | Media mention

    Generation Y provided 30 percent of all spending and, together with Generation Z, generated 85 percent of the luxury growth in the last 12 months, said Claudia D’Arpizio, a partner with Bain & Company.

  • Luxury brands look for new models in a radical era

    May 15, 2017 | Retail | The Financial Times | Media mention

    Chinese consumption had been fueling double-digit growth in luxury since 2010, but now the industry must innovate, say a report from Bain & Company, as consumers’ desires and habits evolve.

  • Chinese bloggers bridge the gap between brands and buyers

    May 15, 2017 | Retail | The Financial Times | Media mention

    According to Bain & Company, in 2016 Chinese shoppers were responsible for 30 per cent of luxury purchases, more than any other nationality.

  • Buoyant growth returns across the world, lifting luxury industry

    May 15, 2017 | Retail | The Financial Times | Media mention

    According to estimates from Bain & Company, residents of high-income economies accounted for just over half of the global market for luxury in 2016: 23 percent were Americans, 19 percent Europeans and 11 percent Japanese.

  • China gifts luxury a reprieve

    April 28, 2017 | Retail | Financial Times | Media mention

    “Chinese consumers account for over 30 per cent of global luxury consumption and this will be 35 per cent by 2020,” says Claudia D’Arpizio, a partner with Bain & Company.

  • Luxury houses back in vogue as sales recover

    January 27, 2017 | Retail | Financial Times | Media mention

    By lowering barriers to entry, technology has opened up new avenues of competition in the recovering luxury market. Fashion blogs and social media platforms can quickly generate visibility and relevance for little-known brands that appeal to a generation of digitally savvy millennials. Growing

  • Luxury market sales to top a trillion euros in 2016: Bain & Co

    October 24, 2016 | Retail | CNBC | Media mention

    The global luxury market is estimated to grow 4 percent in 2016, according to Bain & Company’s latest study. Claudia D’Arpizio, partner at Bain & Company, discusses.