{"id":31257,"date":"2026-10-20T05:21:51","date_gmt":"2026-10-20T05:21:51","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2026\/10\/20\/luxurys-split-market-ultra-rich-spend-aspirational-buyers-retreat\/"},"modified":"2026-10-20T05:21:51","modified_gmt":"2026-10-20T05:21:51","slug":"luxurys-split-market-ultra-rich-spend-aspirational-buyers-retreat","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2026\/10\/20\/luxurys-split-market-ultra-rich-spend-aspirational-buyers-retreat\/","title":{"rendered":"Luxury&#8217;s split market: Ultra-rich spend, aspirational buyers retreat"},"content":{"rendered":"<p><br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/static.fibre2fashion.com\/Newsresource\/images\/314\/a71cc89b-8eb5-4c35-bb18-7b1ab209886e_325955.jpg\" \/><\/p>\n<div id=\"\">\n<p>The luxury market is seeing an overall demand slowdown as consumers pare back splurging on high-end purchases, while some limit spending only to products that fall in the luxury category of beauty and cosmetics, which are less pricey than a Louis Vuitton clothing item or Herm\u00e8s bag.<\/p>\n<p>In <span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span>, Statista\u2019s data showed that revenue of luxury fashion fell <span class=\"startxt\">*<\/span>.<span class=\"startxt\">*<\/span> per cent, while in <span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span> it is expected to grow <span class=\"startxt\">*<\/span>.<span class=\"startxt\">*<\/span> per cent and eventually see a growth rate taper from <span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span> to <span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span>. According to the data, luxury fashion is expected to post a <span class=\"startxt\">*<\/span>.<span class=\"startxt\">*<\/span> per cent rise in <span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span>, compared to <span class=\"startxt\">*<\/span>.<span class=\"startxt\">*<\/span> per cent the segment would see in <span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span>.<\/p>\n<p>This is where a clear polarisation between ultra-high-net-worth spending and declining aspirational buyer sentiment is reshaping luxury demand. According to <strong><em>Kasia Davies, data journalist at Statista<\/em><\/strong>, when it comes to luxury consumers, <span class=\"startxt\">*<\/span><span class=\"startxt\">*<\/span> per cent of consumers worldwide expected their luxury spend to increase somewhat.<\/p>\n<p>&#13;\n        <ph name=\"Courtsey\"\/>&#13;\n    <\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.fibre2fashion.com\/news\/apparel-news\/luxury-s-split-market-ultra-rich-spend-aspirational-buyers-retreat-314378-newsdetails.htm\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The luxury market is seeing an overall demand slowdown as consumers pare back splurging on high-end purchases, while some limit spending only to products that fall in the luxury category of beauty and cosmetics, which are less pricey than a Louis Vuitton clothing item or Herm\u00e8s bag. In ****, Statista\u2019s data showed that revenue of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":31258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-31257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fashion"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/31257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=31257"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/31257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/31258"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=31257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=31257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=31257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}