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

The Year Ahead: Global Luxury Adapts to New Travel Trends

International tourism will not fully recover until 2023 at the earliest, causing a shift in shopping patterns, according to The State of Fashion 2022 report by The Business of Fashion and McKinsey. Luxury players must rebalance their global footprints while increasing investment in domestic consumer bases and e-commerce.
luxury domestic shoppers Hainan
Luxury shoppers browse handbags in a duty-free shop in the Hainan Province of China. (Getty Images)

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JHSF’s José Auriemo Neto on Leveraging a Permanent Shift to Local Retail

São Paulo-based retail behemoth JHSF Participações has had to strengthen its relationships with local luxury clients during the pandemic. With tenants ranging from Louis Vuitton and Christian Dior, the group’s chairman has a plan to persuade well-travelled Brazilians to keep shopping domestically.

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