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Monterey 2026 closed at a record USD 758.3 million, up 75% on last year. But sell-through was flat at 75%: the same proportion of cars sold, at much higher prices. A supply story wearing a demand headline.
Monterey 2026 closed at a record USD 758.3 million, up 75% on last year. But sell-through was flat at 75%: the same proportion of cars sold, at much higher prices. A supply story wearing a demand headline.
Monterey 2026 closed at a record USD 758.3 million, up 75% on last year. But sell-through was flat at 75%: the same proportion of cars sold, at much higher prices. A supply story wearing a demand headline.
Monterey 2026 closed at a record USD 758.3 million, up 75% on last year. But sell-through was flat at 75%: the same proportion of cars sold, at much higher prices. A supply story wearing a demand headline.
Monterey 2026 closed at a record USD 758.3 million, up 75% on last year. But sell-through was flat at 75%: the same proportion of cars sold, at much higher prices. A supply story wearing a demand headline.
Luxury collectibles are now the second-largest revenue stream at Christie’s and Sotheby’s. The houses are not selling watches for the margin, they are buying a client relationship at twenty-five to consign a painting at fifty.
Luxury collectibles are now the second-largest revenue stream at Christie’s and Sotheby’s. The houses are not selling watches for the margin, they are buying a client relationship at twenty-five to consign a painting at fifty.
The world’s leading luxury group entered the second half of 2026 with renewed momentum as LVMH reported accelerating growth across several of its most influential Maisons.
The world’s leading luxury group entered the second half of 2026 with renewed momentum as LVMH reported accelerating growth across several of its most influential Maisons.
LVMH has delivered a resilient first half of 2026, with its Watches and Jewellery division once again demonstrating the enduring strength of luxury jewelry despite a more measured pace across the global luxury sector.
The world’s largest luxury group reported first-half revenue of €33.6 billion, an increase of 2 percent compared with the same period last year, while recurring operating profit remained stable at €8.7 billion. A stronger second quarter, with revenue growth accelerating to 3 percent, suggests confidence is returning to the luxury market as demand stabilizes across key regions.
Luxury fashion brands are entering one of the most significant transformations in decades.
While the global luxury industry is returning to sustained growth, the most important evolution is not simply financial. It is the emergence of a new luxury consumer, one who values craftsmanship, wellbeing, technology, and timeless design above traditional status symbols.
According to the latest True Luxury Global Consumer Insights report from Boston Consulting Group and Altagamma, global luxury consumption is expected to grow between 4 percent and 7 percent by 2029. The findings illustrate how the future of luxury will be increasingly shaped by the world’s highest spending clients, and by brands capable of delivering exceptional experiences rather than products alone.
