Sector snapshot: fashion and luxury
This fashion and luxury sector snapshot by the Clairfield team in Italy highlights the evolving trends, recent M&A activity and looks at the stock performances and valuations. Last year M&A transaction volume in the Italian luxury goods market declined by 21.7% but a rebound is expected this year.
Over the last five years, the global fashion and luxury market showed overall growth of about 28% though it faces challenges this year. Global luxury consumers are showing restraint this year. Online and resale platforms are expected to grow in coming years, as are luxury experiences including travel and wellness.
Read the full report here.