Skip to main content
BoF Logo

Agenda-setting intelligence, analysis and advice for the global fashion community.

Opinion: Luxury Is More Resilient Than the Market Suggests

The luxury industry is facing another lost year, according to Bain’s latest luxury update, but investors are being too gloomy on the sector’s long-term prospects, argues Andrea Felsted.
Takashi Murakami's iconic Cherry motif outisde Louis Vuitton on Bond Street on 1st June 2025 in London, United Kingdom.
Takashi Murakami's iconic Cherry motif outisde Louis Vuitton on Bond Street on in London.

The luxury industry faces another lost year, according to a new report from Bain & Co. and Altagamma, the Italian luxury association. But investors are being too gloomy on top-end goods. For those prepared to take a long-term view, there may be ways to benefit from the bling bloodbath.

Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.

Further Reading

Luxury Sector Will Continue to Slip, Bain Forecasts

The market is on pace to contract 2 percent to 5 percent in 2025 as consumption remains soft across key categories — particularly leather goods, makeup and watches — according to the latest forecast from Bain & Company.

© 2026 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.

Hermès ‘Game’ Leaves a Bad Taste

In this week’s High Margin luxury newsletter: A softening resale market for Birkin and Kelly bags poses questions for luxury powerhouse Hermès. Plus, a run on Chanel’s stores during Paris Fashion Week.


view more
Latest News & Analysis
Unrivalled, world class journalism across fashion, luxury and beauty industries.
VIEW MORE
Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON