HomeLUXURY LIFESTYLE NEWSLuxury Trend: Luxury goods market forecasted to grow

Luxury Trend: Luxury goods market forecasted to grow

Luxury retail is still booming

Luxury now focusing on how to differentiate.

Luxury focus: With the economy and pressures today, luxury leaders are focusing on growth even though they are doing well and have weathered through all we have been through. Revenue in the luxury goods market was more than $312 billion in 2022. That is now expected to grow as the luxury market continues to look strong. Luxury brands are now finding how to differentiate themselves in authentic ways. how do you do that? 1. Engage with your existing audience 2. Reach new audiences 3. Establish authority 4. Increase ROI. 5. Boost visibility. 

photos credit: Heidi Fin | Unsplash

Ann Shatilla is a voting member for Critics’ Choice Movie Awards

Ann Shatilla
Ann Shatillahttps://hollywoodtrendreport.com
Hollywood Trend Report is executive produced by veteran 5 time Emmy nominated and award-winning news journalist Ann Shatilla, a five-time Emmy Award winning and nominated news TV news & radio anchor, TV news producer, strategic communications business and crisis management consultant, public speaker, moderator, filmmaker, magazine, newspaper and online news writer and media personality. Shatilla is also the longtime TV producer providing TV news reports to the Associated Press Television covering news out of Hollywood and lifestyles and trends out of Los Angeles and Las Vegas. During the pandemic, Ann Shatilla was extensively guiding businesses in USA and Canada as a Senior Strategic Communications PR Pandemic Consultant to flourish through these times and she continues to do so now post-pandemic to guide and re-work how they do PR and Marketing for today’s new reality media, PR and client landscape. Additionally, for nine years, she is the curator and teacher of the “State of Luxury Power Panel Series with Ann Shatilla“ business seminars by the Beverly Hills Chamber of Commerce. Additionally she is owner and executive producer of the 30-minute news-style TV magazine show “STATE of BUSINESS NEWS REPORT; Top Businesses Leading the Way” out of Los Angeles airing independently on KTLA-5 and cable companies carrying the network across US and Canada. If your business would like to be covered on the TV show or this HollywoodTrendReport.com website - contact us at: StateofBusinessNewsReport@gmail.com | StateofBusinessNewsReport.com or HollywoodTrendReport@gmail.com
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