Style and Status

Market Trends

4 articles

A luxurious Rolex gold watch displayed prominently, symbolizing the brand's recent price increase and dominance in the luxury watch market.
Watches & Jewelry

Rolex's 5% Price Hike Signals Shifting Luxury Watch Industry Trends

This month, Rolex raised the global price of its gold watches by an average of 5% for the second time this year, as reported by Reuters .

Santiago Acosta·July 1, 2026
Elegant jewelry store interior with diverse shoppers admiring sparkling necklaces and rings in illuminated display cases.
Watches & Jewelry

Celebrity Jewelry Brands See Rapid Retail Expansion Amid Market Shifts

In 2023, celebrity jewelry brands captured 15% of the affordable luxury market, a threefold increase in just three years.

Santiago Acosta·June 19, 2026
An empty luxury car showroom with a few people looking at their phones, symbolizing the loss of 50 million customers in the luxury sector.
Automotive

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