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Global Luxury Retail: A Refocus on the Fundamentals

This, our fourth edition, takes stock of the global luxury retail market after the impacts of the pandemic and what the physical luxury market could look like going forward. What has been reassuring is the resilience and adaptability of luxury


Welcome to the Savills Global Luxury Retail 2022 Outlook

While 2021 may not be a direct reflection of what to expect over the remainder of 2022 and into 2023, it does provide valuable insight into key trends that could shape the market over the coming years.

Key highlights include the rising prominence of China for new store activity, the prospects for a recovery in international travel in 2022 and whether we are seeing store rationalisation in mature markets start to slow. In addition, we explore what cities present the strongest luxury fundamentals for stores and which are the growth markets to watch.

In recent years we have worked with a range of clients within the luxury retail sector and advised on a number of high profile transactions highlighted in this publication

Marie Hickey, Director, Commercial Research

With our unrivalled knowledge of brand requirements and new entrants into the market, we are best placed to advise and provide in-depth insight into the key established and emerging markets. This is further bolstered through thought leadership and market intelligence from our specialist luxury retail research team. In recent years we have worked with a range of clients within the luxury retail sector and advised on a number of high profile transactions highlighted in this publication. Our unique global offering positions us to simultaneously advise on locations, values and key property criteria throughout all major cities across the globe.

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