Wellness travel is redefining luxury hospitality, demanding brands innovate with personalization, sustainability, and well-being to capture evolving consumer priorities.
Read moreJing Daily: Affluent Chinese set new standards in luxury beauty
Recent findings from an Altiant survey conducted earlier this month offer a revealing look at the evolving beauty and personal care habits of affluent and high-net-worth individuals (HNWIs) across China, the US, France, and the UK.
The survey indicates that 88% of respondents have purchased luxury fragrances in the past year, with Chinese consumers demonstrating particularly high engagement in luxury facial care – 90% of affluent Chinese respondents reported buying luxury facial care products, significantly outpacing other regions.
Read moreRetail in Asia: First-half recap: Decoding the trends driving the luxury sector
There is a mixed picture when it comes to luxury spend among affluent and HNWIs in Asia. Some categories have fared better than others, while different countries are also outperforming their neighbours,” said Meryam Schneider, chief marketing officer of Altiant, a global consultancy whose services focus on luxury goods and wealth management.
Read moreLuxury Brussels: Unveiling 5 Chic destinations this Summer: where Travel meets Fashion
In regards to a study from Business of fashion insights and Altiant, over 30% of discerning high-net-worth individuals find themselves drawn to the captivating allure of branded hospitality travel experiences.
Read moreFOX Communications: Generational Luxury: How to Create Cultural Capital
Fox Communications has collaborated with the luxury insight specialist, Altiant, to collect quantitative data that sheds new light on how the modern High Net Worth (HNW) community differs from generation to generation. The research has been conducted over the past six months and is based on USD millionaires, with each individual manually verified by Altiant, namely those with $1m or more (or equivalent) in Investable Assets (IA).
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