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How to Luxury

All-in-one knowledge platform on luxury

Strategy Consumer Psychology AI Capability Industry

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Consumer Psychology

The mechanisms behind why people want what they cannot easily have, told through current luxury behavior, not just theory.

Insights

Short reads that turn academic findings into a working understanding of today's luxury consumer. Click through to read the full piece and share it.

AI Capability

Where artificial intelligence genuinely strengthens a luxury brand, where it puts the brand's meaning at risk, and how to tell the difference.

Research & trends

Findings and developments tracked and translated for a luxury marketing audience.

Chapter tutorials

Each chapter's AI Lab from Intelligent Luxury Marketing, expanded into a guided, hands-on tutorial.

AI toolkit for luxury marketers

Tools referenced across the book, grouped by task. Marks are simple monograms, not vendor logos, so nothing here reproduces a company's trademarked artwork.

Research & Reasoning

C
Claude
General reasoning, research, and brand-voice drafting
GPT
ChatGPT
General reasoning, research, and brand-voice drafting
G
Gemini
General reasoning, research, and brand-voice drafting
P
Perplexity
Market and competitive research with cited sources

Image Generation

MJ
Midjourney
Generative image production for brand visuals
Fy
Adobe Firefly
Generative image production for brand visuals
DE
DALL-E
Generative image production for brand visuals

Video Generation

Rw
Runway
Generative video for campaign and social content
Pk
Pika
Generative video for campaign and social content

Agentic Workflows

Lc
LangChain
Building multi-step agentic marketing workflows
Cr
CrewAI
Building multi-step agentic marketing workflows

Clienteling & Personalization

SF
Salesforce Einstein
Clienteling and next-best-action recommendations
Ax
Adobe Experience Cloud
Clienteling and next-best-action recommendations

In-depth toolkit reviews

Comparative, hands-on assessments of the tools above: what each one does well, where it falls short, and when to reach for it.

Industry

Market data, brand histories, and the current state of the luxury sector, kept current as the market moves.

Market snapshot

Six dashboards covering the size of the industry, its listed companies, its classic products, and where in the world it is growing.

This is a static reference page, not a live data feed. Figures below are dated snapshots from named sources, refreshed periodically by hand. Always confirm the latest number before citing externally. Every table is collapsed by default; click a summary line to open it.

1. Global luxury market

2019–2025 · Source: Bain & Company / Fondazione Altagamma annual press releases
What this chart shows

Is the industry growing or shrinking? This line tracks the size of the whole global luxury market, personal goods plus experiences such as hospitality, fine dining, yachts, private jets, and art. The x-axis is the calendar year; the y-axis is total spend in € trillion. 2020 is omitted because a directly comparable total-market figure for that year was not confirmed against the same category boundary Bain has used since; every other point below is a figure Bain has published.

2. Luxury stock index

Full table: market cap, P/E, revenue growth
Snapshot as of late July 2026 · Sources: company results, Yahoo Finance, GuruFocus, Investing.com, companiesmarketcap.com
What this chart shows

Eight listed houses and groups, compared on one index. The chart's x-axis runs from 12 months ago to today; the y-axis is each stock indexed to 100 at the start of that window. A genuine five-year daily price series could not be reliably sourced from web search in this session, only confirmed 12-month moves for four of the eight, so the chart shows what is actually confirmed rather than an invented longer history. Connecting a live market-data feed would let this become a true multi-year chart.

3. Luxury group revenue index

Full table: group revenue by year
Fiscal years 2020–2025 · Source: company annual reports
What this chart shows

Full-year group revenue for the three largest listed houses on a common calendar-year basis. X-axis: fiscal year. Y-axis: revenue in € billion. Richemont runs an April-to-March fiscal year, so its figures are shown separately in the table rather than forced onto the same axis. Hermès's 2025 figure, €16.0B and up 9% at constant exchange rates, is from the group's full-year results announced 12 February 2026.

4. Classic SKU price tracker

Price trend by SKU
Snapshot as of 2025–2026 · Sources: brand price lists, PurseBop, Bob's Watches, WatchCharts, Sotheby's, CloverSac
What this chart shows

Not every SKU, just the handful the whole industry watches, each spanning at least five years. The Cartier Love bracelet is not shown: no dated price history could be confirmed for it this session, so it has been left off rather than filled with a guess. This tracker is designed to grow toward 100–300 classic references over time.

5. Geographic dashboard

Full table: region and country size and growth
2025 est. · Source: Bain & Company / Fondazione Altagamma, Luxury Goods Worldwide Market Study, November 2025
What this chart shows

Each slice is that region's estimated share of the roughly €358 billion global Personal Luxury Goods market in 2025. China, the Americas, Europe, and Japan are each broken out directly from Bain's regional figures. The Middle East, Latin America, Southeast Asia, India, and Africa are combined into one slice because Bain reports them together, at a value it says matches Mainland China's. The remainder is markets Bain does not break out individually in the sources reviewed this session, shown as "Other" rather than estimated. The table below gives the same regions with their 2025 growth rate, plus France and Italy broken out as Europe's two largest national markets.

6. Category dashboard

Full table: category growth and notes
Share: 2022 · Growth: 2025 · Source: Bain & Company / Fondazione Altagamma
What this chart shows

Bars show each category's share of the total Personal Luxury Goods market, using the last year Bain published a full euro breakdown by category, 2022, since a more recent full breakdown was not confirmed in the sources reviewed this session. The line shows each category's 2025 growth rate, Bain's latest confirmed figure. The two series are different vintages by necessity, a category can carry a large historical share while also shrinking this year, which is exactly what leather goods shows below. Eyewear has no confirmed 2022 size, since Bain's 2022 breakdown did not report it as a separate category, so its bar is omitted rather than estimated.

News & trends

Ongoing coverage of what luxury houses are actually doing, kept current between book editions.

Industry history

Founding moments, group formations, creative-director eras, and technology milestones across the sector. Hover a year to bring it forward.

Brand library

Search any house, maison, or group by name, or browse by letter. Click through for its history and story.

Strategy

Original frameworks for thinking through luxury's hardest strategic questions, each one tested against real brand decisions.

Click any framework to read its full definition, what it includes, how to apply it, and a real case example.

Articles

Applied readings on luxury strategy, drawn from the book.

Book & Resources

The digital home of Intelligent Luxury Marketing.

Coming soon

Please stay tuned.

About

Wuxia Bao

Wuxia Bao

Assistant Professor of Marketing
Rennes School of Business, France

Wuxia Bao is an assistant professor of marketing at Rennes School of Business in France. She obtained her Ph.D. in digital marketing for luxury brands from Ghent University in 2023. She now researches and teaches luxury brand marketing topics and courses, with a specific interest in how emerging digital technologies transform luxury theories, consumer behavior, and marketing strategies. She has published in journals such as the International Journal of Research in Marketing and the International Journal of Advertising, as well as a book chapter in The Palgrave Handbook of Blockchain Technology in Business (Palgrave Macmillan), and is the author of Intelligent Luxury Marketing (Palgrave Macmillan, forthcoming). She also has several ongoing research projects on human-technology value intersections in luxury brands, including how luxury brands should use virtual reality, artificial intelligence, and blockchain.

A New Chapter for Luxury

Today, AI is changing how marketing is done and how it should be done. A 2024 Bain & Company report shows that luxury brands using AI-driven personalization see up to a 20 percent increase in client retention. Generative AI already produces more than a third of the content created by luxury marketing teams, and that share continues to grow each quarter. At the same time, however, surveys consistently show that high-net-worth consumers rank human connection and craftsmanship as their main reasons for choosing a luxury house, well ahead of any digital convenience. Luxury houses are therefore moving toward a future that is not yet fully clear, while remaining cautious about using AI in daily creative work in order to protect their unique values. This tension fascinated me and led me to start How-to-Luxury.

Luxury has never been about efficiency. Its value comes from human effort, built over generations of artisans repeating a single gesture until it becomes instinct, from stories rooted in ateliers and family-owned workshops, and from the subtle social language of taste, recognition, and status that only works when people share real spaces and real time. Heritage, craftsmanship, and social value are not marketing assets that can be generated by an algorithm. They depend on continuity, human intention, and a kind of trust that technology alone cannot build. In a world where AI can generate almost anything, this human foundation does not become less important. It becomes the one thing that cannot be replicated at scale.

This is where the real challenge lies. It is not about choosing between human value and AI value, but about learning where the boundary should be and where the handoff should happen. AI can analyze a client's behavior faster than any CRM system, but only a human advisor can read the silence when a VIP walks into a room. AI can suggest subject lines and product descriptions, but it cannot grasp the cultural instinct of a creative director who has lived within a brand's identity for decades. The task, as I see it, is to give AI everything that is repetitive, data-heavy, and operational, so that human talent has more space to do what only humans can do: build relationships, protect the integrity of storytelling, and create desire that algorithms cannot engineer.

That is why How-to-Luxury exists. I created it to support luxury professionals, especially early-career practitioners and business learners who will shape the next chapter of the industry, as they navigate this balance. The goal is to help you strengthen your skills with each new tool and each shift in the technological landscape, while staying firmly grounded in the human roots of luxury. How-to-Luxury explores the core values that make the sector meaningful, including heritage, savoir-faire, social capital, and the subtle codes of status. It also provides practical and clear guidance on how to work with AI without losing control to it. In a time that pushes everyone to move faster, I want this to be a place that helps you move with both speed and clarity.

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