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Leveraging GenAI for Value Creation, Innovation and Sustainability in Luxury Goods

Publisher Euromonitor International
Published Mar 19, 2025
Length 41 Pages
SKU # EP19882455

Description

In a highly volatile marketplace, GenAI is revolutionizing the luxury landscape by enhancing consumer experiences and unlocking new revenue opportunities for brands and retailers. It enables seamless, data-driven collaboration across the supplier network to support sustainability goals. Luxury sectors—including fashion retail, travel, automotive, and hospitality—are transforming through advancements in customer experience, brand marketing, new product development, and innovation.

Euromonitor International's Leveraging GenAI for Value Creation, Innovation and Sustainability in Luxury Goods global briefing offers an insight into the size and shape of the luxury goods industry, highlights buzz topics, emerging trends as well as pressing industry issues, their effects on luxury goods retailing in markets around the world and on the development of consumers’ shopping patterns. Forecasts illustrate how the market is set to change and criteria for success. In short, it identifies the opportunity zones within luxury goods industry

Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Luxury Goods market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

41 Pages
Executive summary
EXECUTIVE SUMMARY
Introduction
Harnessing Genai in customer experience
GenAI-driven marketing opportunities
Sustainability through GenAI innovations
Navigating key challenges with GenAI
Conclusion
Appendix

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