DiscoverunEDITED: Inside RetailWhen will luxury retail bounce back? Ft. Carlo Moltrasio, Senior Manager at Bain & Co.
When will luxury retail bounce back? Ft. Carlo Moltrasio, Senior Manager at Bain & Co.

When will luxury retail bounce back? Ft. Carlo Moltrasio, Senior Manager at Bain & Co.

Update: 2021-04-14
Share

Description

2020 marked the first major dip in luxury market growth, with Kering Group seeing sales drop 16.5%. But, there is hope. In Bain & Company’s 2020 Worldwide Luxury Market Monitor, the firm estimates that the market will recover to near pre-COVID-19 levels sometime between 2022 and 2023.  Traditionally reliant on in-store sales to drive growth, the pandemic has accelerated the importance of ecommerce with more luxury brands embracing digital as the go-to channel.

Joining us in our latest unEDITED: Inside Retail episode, Carlo Moltrasio, Senior Manager at Bain & Co., explains  the findings in Bain’s research. An expert in luxury fashion with over seven years of experience supporting several notable luxury brands, Carlo provides  data-backed insights into the market’s performance over the past year, as well as an overview of  where it’s heading next. 

Sign up to our weekly Insider Briefing to get the latest industry news and exclusive market analysis here

Don’t forget to rate, review and subscribe to unEDITED! Get in touch at unedited@edited.com if there’s someone you think would be a great guest for our show too.

Comments 
In Channel
loading
Download from Google Play
Download from App Store
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

When will luxury retail bounce back? Ft. Carlo Moltrasio, Senior Manager at Bain & Co.

When will luxury retail bounce back? Ft. Carlo Moltrasio, Senior Manager at Bain & Co.

unEDITED