Category: Luxury Goods
Germany Luxury Goods
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Luxury Portable Consumer Electronics in Germany
... an ongoing trend, which was accelerated by the outbreak of the pandemic in 2020. Overall, luxury mobile phones declined drastically as the gap from mainstream non-luxury smartphones narrowed, as the latter became more premium, and ... Read More
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Luxury Goods in Germany
... returning to the pre-pandemic level, the stronger than initially expected recovery of demand in the industry was promising, as the economy gradually reopened in 2021. Even though 2021 still witnessed strong lockdown measures, especially in ... Read More
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Premium and Luxury Cars in Germany
... during the lockdown measures. On the consumer side, economic uncertainty forced some people to postpone their purchases of new cars or trade down to more affordable options, although the higher incomes of the customers of ... Read More
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Luxury Writing Instruments and Stationery in Germany
... a similar way, with lockdowns being imposed across the country, followed by major restrictions for bricks-and-mortar retailers. These conditions made it impossible for luxury writing instruments and stationery to see a full recovery from 2020’s ... Read More
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Luxury Timepieces in Germany
... in an attempt to control the pandemic, luxury timepieces was still able to grow. Amongst higher-income individuals, the willingness to shop was very strong, especially after a long period of time when shopping was exclusively ... Read More
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Experiential Luxury in Germany
... there was a degree of return of inbound tourists, as well as business trips resuming to a certain extent for a few months in 2021, which allowed experiential luxury to record strong current value growth ... Read More
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Personal Luxury in Germany
... increase. In part, this above-average performance can be attributed to the softer restrictions in place for travel, which favoured items related to this activity, whether for leisure or business. In addition, with the partial return ... Read More
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Luxury Eyewear in Germany
... of the factors supporting the positive performance of luxury eyewear was working and studying from home, as these activities were maintained to a great extent, and working from home is likely to continue in the ... Read More
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GCC Luxury Furniture Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... a CAGR of 5.5% during the forecast period. The outbreak of the COVID-19 pandemic acted as a massive restraint on the luxury furniture manufacturing market in the GCC region, 2020. It has disrupted supply chains, ... Read More
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