Three Luxury Retail Trends to Watch This Year

With the world continuing to evolve as it applies lessons from the COVID-19 pandemic to its new reality, the luxury retail industry’s dynamics are shifting to better meet the needs of consumers around the globe. Consequently, we can expect to see further evolution of the luxury goods market in 2022 as new trends come online. From experience-based goods and services to the rise of retail reuse and resale to advanced integration of digital and physical experiences, it is important for brands to understand where the market is heading in the years to come. Keep reading this blog post to better understand the three key trends brands must consider.