According to HospitalityNet, luxury travel trips have grown by 18% since 2014, which is nearly twice as much as international travel trips in general, which grew by about 9% in the same period.
The internet disrupted the travel industry beyond all recognition, by allowing us to book our own flights and hotels online. But Blockchain's ability to decentralise service, remove middlemen to lower costs, speed up transactions and add transparency, means even more disruption is to come.
Tour operators are expanding their offering away from traditional package holidays to appeal to a more diverse group of holidaymakers - a tactic that is already showing success.
While it is easy to point the finger of blame towards inefficient occupiers, greedy landlords or opportunistic accountants, to do so focusses on the symptoms rather than the cause.
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The cruise industry is now the fastest growing sector in the leisure travel market.
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The rapid increase in urbanisation is having a profound impact on the furniture market.
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As more and more luxury clothing labels gravitate towards exploring opportunity in this sector, we ask, what are the key considerations for fashion retailers looking to launch homewares and furniture ranges
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Two years since it made a splash in the home market, is Hygge, the Danish lifestyle trend based on `cosiness', just another fad that's had its day, or is it here to stay?
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With one-fifth of UK households now renting, and DIY and garden giant Homebase having well-publicised problems, you could be forgiven for assuming the gardening market was wilting.
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Historically, modesty has not been high on the fashion agenda. However, in recent years there has been a quiet uprising in modest fashion.
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As the cost of weddings continues to spiral, couples are increasingly seeking ways to cut unnecessary costs.
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Innovative online payment providers are revolutionising the fashion checkout experience, boosting average order value and reducing basket abandonment in the process.
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With 800 million monthly users and 500 million active daily users, Instagram is a great virtual platform for changing the way customers discover and interact with brands.
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The French retail and consumer market is undergoing a period of significant realignment, but have the great national traditions of fine food and high-end fashion been affected?
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Given the challenges of the UK casual dining market, many are understandably setting their sights on the opportunity for international expansion as a growth strategy.
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Whilst developing an international presence in China has become a priority for many brands, South Korea is one of the biggest e-commerce markets in the world.
Significant opportunities remain for retailers looking to expand overseas. Despite M&S, B&Q, Bunnings and Tesco having to recently rein in their international operations, overseas roll out can be effective and profitable, if handled in the right way.
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The luxury leather goods market in China is changing. Set to be worth $6.4bn in 2020, the outlook for luxury brands which can adapt to changing consumer behaviour, looks positive. For those that don’t adapt, the picture will be different.
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While the demise of Toys R Us has cast a long shadow over the sector, at a product level, toys remain a breeding ground for innovation.
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The online subscription market is now worth £2bn globally, and rising. Meal kits, fashion and beauty subscription services are already well established and Target have recently announced its baby clothing subscription box in the US.
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