The luxury market is expected to grow again in 2017, according to a recent study by Bain & Co. A key growth factor for 2017 will help redefine the luxury market the next decade and beyond: The Millennial State of Mind.
Millennials typically value experiences over things, which translates to the shopping experience, whether it is online or in stores. For brands, this means that the shopping experience needs to become immersive so that customers can feel they are living the brand in the store. Otherwise, why leave home to shop?
Take a look at the Vendors who have worked with Luxury brands to build and create that shopping experience.
Click on each brand and view the Vendors who have completed their projects.
Prada
Louis Vuitton
Gucci
Chanel
Dior
Hermes
Fendi
Cartier
Tiffany & Co.
We are potentially going through a transformation phase of the luxury industry as strong as the one seen over the ’70s and the ’80s when big luxury players established the rules of the game as we knew them up to now.”