In 2025, the luxury market faces headwinds unlike any seen since the Great Recession or Covid due to the threat of tariffs to disrupt the economy and global trade.

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In 2025, the luxury market faces headwinds unlike any seen since the Great Recession or Covid due to the threat of tariffs to disrupt the economy and global trade.
After RH’s disastrous performance on Wall Street recently, it issued a clarification statement on Friday to answer open questions and reiterate the company’s strengths.
Lululemon sales flagged in the Americas during 2024 and mounting headwinds, most especially in the U.S., challenge growth this year and next.
The U.S. jewelry market grew 5% in 2024 to $85.4 billion, but affluent consumers are pulling back on planned jewelry purchases this year.
The State of Luxury 2025 report provides insights to help brands navigate economic shifts, evolving consumer demands, and digital transformation.