Global luxury fashion revenue fell 0.5 per cent in 2025 and is forecast to grow 2.2 per cent in 2026, with growth tapering towards 2031 as aspirational buyers curb spending.
LVMH led luxury goods in 2025 with a 21 per cent share; fashion held 29 per cent, behind watches and jewellery at 34 per cent.
US 2026 revenue is estimated at $96.9 billion, ahead of China at $92.7 billion.Global luxury fashion revenue fell 0.5 per cent in 2025 and is forecast to grow 2.2 per cent in 2026, with growth tapering towards 2031 as aspirational buyers curb spending.
LVMH led luxury goods in 2025 with a 21 per cent share; fashion held 29 per cent, behind watches and jewellery at 34 per cent.
US 2026 revenue is estimated at $96.9 billion, ahead of China at $92.7 billion.
