The former destination tops the private bank’s Lifestyle Index for the third consecutive report season, while the latter swaps for second place with Hong Kong this year.
Luxury Unfiltered is a weekly column by Daniel Langer, an expert in luxury branding, hospitality and activations who was named a “Global Top 5 Luxury Key Opinion Leader” by Netbase Quid.
From July 15 to Aug. 31, shoppers who spend more than $100 on the site will gain access to exclusive perks from initiative partners such as Baccarat Hotel New York.
The Italian fashion label’s classic W.G. ankle boot and Gommino loafer appear alongside new-season accessories such as the Di Folio, an updated version of the Di Bag.
A multimedia campaign and immersive retail concept in New York City accompany the fall/winter 2025 release, presented by creative director Pharrell Williams together with his longtime collaborator Nigo.
Accounting for 61 percent of today’s total market volume, the share of entry-level luxury buyers is shrinking, down 13 percent in 2024 compared to 2013, according to the 11th edition of the True-Luxury Global Consumer Insights report.