Luxury goods sales are projected to grow at a CAGR of ~2.1% from 2021-2026 to an overall market size of $91.7 billion, from $83 billion in 2021.
Luxury brands are making significant investments in shoring up their digital capabilities across order visibility, inventory management, fulfillment, and personalized shopping experiences both online and in-store.
Incisiv’s Unified Commerce Benchmark Index for Specialty Retail