Market Trends

2 articles

An empty luxury car showroom with a few people looking at their phones, symbolizing the loss of 50 million customers in the luxury sector.

Luxury brands lose 50 million customers amid shifting consumer demands

The luxury sector, once a bastion of exclusivity, has seen an estimated 50 million customers walk away, leaving a gaping hole in its post-downturn recovery efforts.

Santiago Acosta·May 23, 2026

A split image showing a sterile lab on one side and a vibrant greenhouse with natural ingredients on the other, symbolizing the shift in the beauty industry.

Grooming & Wellness

Beauty market innovation declines as sustainable trends rise

In 2022, new product innovation in the beauty category plummeted by 19% compared to 2019, according to Cosmoprof North America .

Amélie Richard·May 19, 2026