The WLCC Weekly Edit: your curated digest of the latest in the world of luxury. Each week, WLCC brings you a handpicked selection of industry news, insights, and stories influencing the future of high-end fashion, design, travel, real estate, and beyond. Consider this your insider’s guide to the latest in luxury.
Global Luxury in Transition: Key Findings from the Bain Market Study
The global luxury market stabilized in 2025 following the post-pandemic surge, with total spending holding near €1.44 trillion. Growth increasingly shifted toward experiences such as hospitality and fine dining, while personal luxury goods remained broadly stable at approximately €358 billion. Jewelry and select small indulgences outperformed, while leather goods and footwear declined amid price sensitivity. Regional performance diverged, with relative resilience in the Americas and continued pressure in China and Japan. The industry faced ongoing customer attrition, particularly among aspirational buyers, alongside declining profitability driven by higher costs and increased promotional activity. Looking ahead, moderate growth is expected, with performance increasingly dependent on product discipline, operational efficiency, and customer retention.
Via: Bain & Company & WLCC
Amandine Ohayon Named CEO of Givenchy in LVMH Leadership Reshuffle
LVMH has appointed Amandine Ohayon as CEO of Givenchy, effective January 9, 2026, succeeding Alessandro Valenti. Ohayon will report to Pietro Beccari, chair and CEO of the LVMH Fashion Group. Formerly CEO of Stella McCartney, Ohayon is praised for her collaborative leadership and retail expertise, with expectations to drive Givenchy’s next growth phase alongside creative director Sarah Burton. Valenti will transition to deputy managing director for commercial activities at Christian Dior Couture from January 12. The move is part of wider executive and creative reshuffles across LVMH’s Fashion Group amid an industry-wide reset.
Via: Vogue Business, Image Via: LVMH
Inherited Wealth and Global Buyers Set to Power Luxury Real Estate Growth in 2026
Sotheby’s International Realty’s 2026 outlook predicts continued strength in the luxury housing market, outperforming traditional real estate despite broader economic uncertainty. Growth is driven by wealthy buyers who are less sensitive to interest rates, rising international demand, and a major global transfer of inherited wealth. Many purchasers are adding second or third homes rather than buying primary residences, prioritizing lifestyle, privacy, and long-term value. Foreign buyer activity has surged, particularly in U.S. gateway and lifestyle markets. Multigenerational living is also reshaping luxury home design, reinforcing high-end real estate as both an investment and a legacy asset.
Via: Robb Report
Event Recap: WLCC Leadership Lounge – December 2025
On December 15, WLCC convened global luxury leaders for a standout edition of the Leadership Lounge, uniting decision-makers across real estate, hospitality, development, investment, and strategy. The session featured an exclusive fireside chat with Kassie Smith, Founder & CEO of KS Global and WLCC Board Member, who shared rare insights into designing and financing world-class luxury ecosystems. Discussions explored branded collaborations, AI and human-centric service, capital shifts toward emerging markets, wellness-driven development, and experiential luxury. Beyond insights, members actively explored partnerships and cross-border opportunities, reinforcing WLCC’s role as a trusted private circle where meaningful alliances shape the future of global luxury.
Via: WLCC
Launching Soon: Luxury People Podcast – Episode 4
Prepare to uncover Ras Al Khaimah’s rise to elite luxury status. The next episode of the Luxury People Podcast, hosted by Antonio Paraiso, features Iyad Rasbey, Vice President of Ras Al Khaimah Tourism Development Authority and WLCC Honorary Board Member. We explore his origin story, the bold moves shaping Ras Al Khaimah’s unique luxury DNA, leadership through crises such as the pandemic, and much more. You won’t want to miss this. Mark your calendar for 21 January and get ready to be inspired.
View Past Episodes: YouTube
Stay ahead in luxury – explore the latest WLCC news, insights, and thought leadership:
https://worldluxurychamber.com/insights-news/
