24 April 2018 at 14:15 BST

Millennials redefine luxury landscape

Luxury leaders at next month's Luxury Law Summit in London will get a glimpse of the rapidly changing luxury marketplace.

Millennials are redefining the business of luxury, delegates attending the latest Luxury Summit will hear. With the latest analysis from Boston Consulting Group's senior partner Pierre Mercier discussing how luxury companies need to re-engineer their businesses, the event is a forum to discuss the dynamic challenges and opportunities which the sector is facing - from digitisation, diversification and collaboration to developing sustainable businesses and ensure gender equality. 

The luxury elite

The overall luxury goods industry, including products and services, is worth approximately €915 billion today and will reach about €1,260 billion in 2024. Luxury leaders from some of the world's elite companies including Alexander McQueen, Amanda Wakeley, Aston Martin, Automobili Lamborghini,  Chanel,  Coty, Farfetch, Gucci, Louis Vuitton,  Manolo Blahnik,  Richemont, Stella McCartney, Tiffany & Co,  Vivienne Westwood and  Zaha Hadid, will attend the summit  which is the world's top event for promoting the luxury legal marketplace. It takes place on 14/15 May in London. For further information, contact benmartin@globalcitymedia.com.


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