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Generation Z and China Will Take Luxury Fashion Market Where it’s Headed, Bain Says

Nordstrom, Greats, Target, Macy’s, Alibaba, Bonobos, Rhone, Spanx and more will be at Sourcing Summit NY Oct 17. Don't miss it.

Luxury fashion is poised for growth, and both the Generation Z cohort and Chinese consumers in particular, will drive the bulk of that uptick. By 2025, the luxury market is projected to grow to between 320 billion euros ($354.96 billion) and 365 billion euros ($404.88 billion). At the end of 2018, Bain pegged the global luxury…

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