Strategic intelligence on luxury brand systems, AI governance and market dynamics.
Published independently under Rafael Carlesso.
Reports are distributed to executives, financial analysts, institutional investors and media contacts covering the luxury sector.
The Global Luxury Market Crisis
The global personal luxury goods market closed 2025 at an estimated €358 billion, down approximately 2% from 2024. Behind that number: the industry lost roughly 60 million active consumers since 2022. This report analyses the structural conditions driving that contraction across twelve dimensions. The central conclusion is that this is not a cyclical correction. It is a structural inflection point.