survey by McKinsey revealed that nearly one half of luxury consumers across Russia were disposed to change their spending behavior in 2018. Of them, 10 percent had plans of decreasing their luxury spending altogether, whereas 14 percent seemed to be prone to spend more in this segment. One quarter of the Russian luxury shoppers aimed to restructure their spending in 2018.
The Luxury consumers’ expectations of their spending changes in Russia in 2018, by strategy
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Luxury goods in Europe
Market overview
8
- Premium Statistic CAGR of the leading global luxury companies between 2018-2022
- Premium Statistic Luxury fashion sales growth forecast worldwide 2020-2024, by region
- Premium Statistic Leading 20 European luxury goods companies based on sales 2022
- Premium Statistic Revenue of the luxury goods industry in Europe 2018-2028
- Premium Statistic Revenue of the luxury goods industry in Central & Western Europe 2018-2028
- Premium Statistic Second-hand luxury goods market revenue Europe 2022-2028
- Premium Statistic Fashion and luxury goods M&A deals worldwide in 2022, by region
- Premium Statistic Breakdown of global luxury new store openings 2022, by region
Luxury segments
7
- Premium Statistic Revenue of the prestige cosmetics industry in Europe 2018-2028
- Premium Statistic Revenue of the prestige fragrances industry in Europe 2018-2028
- Premium Statistic Revenue of the luxury fashion industry in Central & Western Europe 2018-2028
- Premium Statistic Revenue with prestige cosmetics & fragrances in Central & Western Europe 2018-2028
- Premium Statistic Revenue of the luxury watches & jewelry market in Central & Western Europe 2018-2028
- Premium Statistic Revenue of the luxury eyewear industry in Central & Western Europe 2018-2028
- Premium Statistic Revenue of the luxury leather goods industry in Central & Western Europe 2018-2028
Leading European luxury brands
8
- Premium Statistic Total revenue of the LVMH Group worldwide 2008-2023
- Basic Statistic Revenue of the LVMH Group worldwide by segment 2008-2023
- Basic Statistic Total sales of the Richemont Group worldwide 2008-2024
- Premium Statistic Kering's global revenue from 2008 to 2023
- Basic Statistic Revenue of the Kering Group worldwide from 2012 to 2023, by brand
- Basic Statistic Global net sales of Prada 2013-2023
- Basic Statistic Prada's net sales by product line in 2023
- Basic Statistic Total revenue of Hermès worldwide 2007-2023
Consumer behavior
8
- Premium Statistic Top luxury purchase channels in Europe 2023
- Premium Statistic Share of the personal luxury goods market worldwide in 2022, by consumer nationality
- Premium Statistic Most demanded luxury products worldwide February 2023
- Premium Statistic Importance of luxury brands adopting sustainability in Europe quarterly 2021-2024
- Premium Statistic Importance of luxury/premium products by category in Spain 2024
- Premium Statistic Importance of luxury/premium products by category in Italy 2024
- Premium Statistic Importance of luxury/premium products by category in Germany 2024
- Premium Statistic Importance of luxury/premium products by category in France 2024
Further Content: You might find this interesting as well
Statistics
McKinsey & Company, & Double Data, & Farfetch. (June 30, 2018). Luxury consumers’ expectations of their spending changes in Russia in 2018, by strategy [Graph]. In Statista. Retrieved June 17, 2024, from https://www.statista.com/statistics/1022789/changes-in-luxury-spending-expectations-russia/
McKinsey & Company, und Double Data, und Farfetch. "Luxury consumers’ expectations of their spending changes in Russia in 2018, by strategy." Chart. June 30, 2018. Statista. Accessed June 17, 2024. https://www.statista.com/statistics/1022789/changes-in-luxury-spending-expectations-russia/
McKinsey & Company, Double Data, Farfetch. (2018). Luxury consumers’ expectations of their spending changes in Russia in 2018, by strategy. Statista. Statista Inc.. Accessed: June 17, 2024. https://www.statista.com/statistics/1022789/changes-in-luxury-spending-expectations-russia/
McKinsey & Company, and Double Data, and Farfetch. "Luxury Consumers’ Expectations of Their Spending Changes in Russia in 2018, by Strategy." Statista, Statista Inc., 30 Jun 2018, https://www.statista.com/statistics/1022789/changes-in-luxury-spending-expectations-russia/
McKinsey & Company & Double Data & Farfetch, Luxury consumers’ expectations of their spending changes in Russia in 2018, by strategy Statista, https://www.statista.com/statistics/1022789/changes-in-luxury-spending-expectations-russia/ (last visited June 17, 2024)
Luxury consumers’ expectations of their spending changes in Russia in 2018, by strategy [Graph], McKinsey & Company, & Double Data, & Farfetch, June 30, 2018. [Online]. Available: https://www.statista.com/statistics/1022789/changes-in-luxury-spending-expectations-russia/