Luxurynsight

We are happy and honored to announce that Heuritech has officially joined the Luxurynsight Group! French pioneer in AI and first recipient of the VivaTech LVMH Innovation Award, Heuritech bridges the gap between AI and business by empowering brands such as New Balance, Prada or Decathlon to forecast demand and trends based on 3 million social media images analyzed per day. This union reinforces Luxurynsight's renowned expertise in market intelligence with Heuritech’s cutting-edge consumer insights creating a powerful, all-encompassing solution for professionals across the industry to make more informed, data-driven decisions. We are very excited to welcome Elaia and Serena investment funds in our shareholder base alongside historic strategic shareholders, such as christian blanckaert (ex EVP of Hermès), Pierre DENIS (ex CEO of Jimmy Choo), @Boris Collardi (ex Managing Partner of Pictet, ex CEO of Julius Baer), Isabelle Gex (ex President of Shiseido Fragrance), Stanislas de Quercize (ex CEO of Cartier). Find out more about the operation here: https://lnkd.in/e-R9msda Fabrice Epstein Saul #Luxurynsight #Heuritech #AI #DataIntelligence #Luxury #Fashion #Beauty

2025 Luxury Market: Embrace the Change https://bit.ly/3WQ92mt The luxury industry is entering a new era in 2025, marked by slower growth, evolving consumer tastes, and the need for strategic agility. To stay competitive, it’s essential to adapt to these shifts. Our latest briefing delivers a compilation of the main 36 key industry reports across luxury, beauty, wine & spirits, retail, consumer trends, and tourism. It’s your go-to resource for a comprehensive market outlook, giving you the insights to refine your strategy, capitalize on emerging opportunities, and achieve lasting brand success. Download the briefing now and stay ahead of the curve in 2025!

China’s Luxury Market: A Shift, Not a Decline "If we go “back to school” for a moment, we can see that in 2019, 70% of luxury purchases by Chinese consumers took place abroad. In reality, brands were selling to Chinese consumers, but in Paris, Milan, and other international hubs—not so much within China itself. Then, with the COVID, the market quickly shifted, and almost all purchases were made domestically in China. Today, we are witnessing a rebalancing that somewhat resembles the pre-COVID landscape. Chinese consumers have resumed traveling—many have gone to Japan, for instance, and we’ll come back to that point later. They are once again making purchases abroad or finding ways to access foreign luxury markets. As a result, the total luxury spending by Chinese consumers in 2024 is expected to reach $78 billion—slightly higher than the $64 billion recorded in 2021. This means that while the domestic market may be slowing, this should not overshadow the bigger picture," states our CEO, Jonathan Siboni, in his latest webinar for Journal du Luxe. Watch the full episode to see why China's consumers' buying patterns aren't the sole factor in market slowdowns—and what it means for luxury's next phase: https://lnkd.in/eN_hbH-r Thank you, Eric Briones, for having us! Arianna Galante, Laurence Lim, Nicolas Riou, Christophe Pinguet, Karen Jouve

Burberry’s shares have surged over 70% since September, signaling investor optimism around CEO Joshua Schulman’s turnaround plan. A key growth opportunity? The U.S. market. Schulman is focusing on America, leveraging his deep industry ties and boosting Burberry’s visibility. Notably, the brand has increased its highest price points in the U.S. by 115%—a strong bet on demand, according to Luxurynsight. Will Burberry reclaim its heritage and drive long-term growth? Read more on Reuters 👉 https://lnkd.in/eR2xeeRQ Thank you, Helen Reid, for the mention!

#NRF2025: What a success! The Heuritech team, now proudly part of Luxurynsight, had an incredible experience at this year’s National Retail Federation Big Show and the NRF French Party. Our CEO, Jonathan Siboni, was a great ambassador, showcasing how smart data intelligence is revolutionizing the luxury, fashion, and beauty industries. A big thank you to everyone who showed interest in our solutions! We can’t wait to connect again at next year’s Big Show. Eager to explore how Luxurynsight or Heuritech can elevate your business? Request your demo! > For Luxurynsight: https://lnkd.in/eyj7AfDs > For Heuritech: https://lnkd.in/euzvyt7R Amandine Royer Michel Koch Business France NRF 2025: Retail's Big Show Europe Léa Gossein Jules Vagner

Thailand is the next big destination for luxury. With global luxury spending patterns shifting, brands like Dior, Louis Vuitton, and Porsche are betting on Thailand as the next big luxury hub. Fueled by affluent locals and an influx of wealthy tourists, Bangkok is now home to iconic flagship stores like Dior’s Gold House and Louis Vuitton’s LV The Place, Michelin-starred dining experiences, and landmark developments such as the $3.2 billion One Bangkok complex. Jonathan Siboni, CEO of Luxurynsight, highlights the trend: “Thailand has emerged as a critical luxury hub.” Discover more insight in the full article on Bloomberg: https://lnkd.in/eWdJCiKt Thank you, Faris Mokhtar and Patpicha Tanakasempipat, for the mention!

"Radical Optimism: Live Intelligence" by Journal du Luxe in partnership with Accenture Our CEO, Jonathan Siboni, will be speaking at the upcoming Journal du Luxe webinar, organized with one mission: to challenge the growing pessimism in the luxury industry. Jonathan will bring a fresh 2025 perspective and share insights from the Chinese market. He’ll be joined by an exceptional lineup of experts, including Eric Briones, Arianna Galante, Yann Rivoallan, Laurence Lim, Nicolas Riou, Christophe Pinguet, and Karen Jouve. - Date: January 23 - Time: 11:30 AM Join us: https://lnkd.in/eN_hbH-r Don’t miss out on this opportunity to gain strategic insights and engage in meaningful industry discussions!

“I may want to buy leather goods at Louis Vuitton because that’s their core. It’s reassuring, it’s going to keep the value because they’ve been doing it for 100 years,” says our CEO, Jonathan Siboni in the latest WWD article. With Chinese GDP growth under 5% and cautious spending trends, consumers are prioritizing iconic, quality products that promise enduring value. Furthermore, the aspirational luxury shopper in China is emerging as a key audience for growth in 2025 and beyond. Head over to the article to discover Chinese luxury buyers expectations in 2025: https://lnkd.in/eudym5dG Thank you, Denni Hu, for the mention! #LuxuryMarket #ChinaLuxury #ConsumerTrends

‘In recent years, luxury has taken a turn toward catering to VVIPs, marked by a fairly consistent and significant increase in prices. Iconic products, such as certain Chanel bags, for example, have gone from five thousand dollars to ten thousand dollars. During periods when there is plenty of disposable income, like during COVID, this wasn't an issue. But once you move past that period, more accessible clientele no longer have access to these products.’ says our CEO, Jonathan Siboni in the recent episode from Trends Canal Z on luxury market dynamics in 2024 & 2025. To watch the replay: https://lnkd.in/eRQKfvHU Thank you, Canal Z, for having us! #LuxuryTrends #MarketInsights #Luxury2025 #China

Are luxury brands lowering prices? Luxurynsight is proud to be the main data source for Reuters News Agency! Key insights from Luxurynsight: - Dior saw a 21% drop in the average price of small leather goods in November year-on-year. - Louis Vuitton increased its selection of small leather goods under €500 by 9%. - Small leather goods have seen an average increase of 8% in proportion to full-size handbags compared to a year ago. According to our CEO, Jonathan Siboni, luxury brands are increasingly engaging with the entertainment industry and expanding their product lines: "Kering and Richemont are focusing on bringing their perfumes and cosmetics in-house, while LVMH is diversifying with cafes and entertainment." Thank you, Mimosa Spencer, for the mention! Read more on Reuters: https://lnkd.in/ekevf7Ee #LuxuryTrends #Luxurynsight #MarketInsights