McKinsey believed that strengthening bonds with existing customers through loyalty programs was the second most important growth driver in the Russian luxury segment. For such purposes, non-financial incentives seemed to be the most valued, with nearly 60 percent of respondents supporting such consumer-loyalty consolidation technique.
Over one half of industry experts surveyed by What actions focused on inspiring loyalty do you plan to take?*
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Statistics on Luxury goods in Europe
Market overview
8
- Premium Statistic Value of the personal luxury goods market worldwide in 2020, by region
- Premium Statistic Leading personal luxury goods markets worldwide 2020, by country
- Premium Statistic CAGR of the leading global luxury companies between 2018-2021
- Premium Statistic Leading 20 European luxury goods companies based on sales 2021
- Premium Statistic Central & Western Europe: revenue in the luxury goods market, 2012-2025
- Premium Statistic Central & Western Europe: revenue growth luxury goods market, 2013-2025
- Premium Statistic Second-hand luxury goods market revenue Europe 2021-2027
- Premium Statistic Fashion and luxury goods M&A deals worldwide in 2021, by region
Luxury segments
7
- Premium Statistic Luxury cosmetics market revenue in Europe 2012-2025
- Premium Statistic Luxury fragrance market revenue in Europe 2012-2025
- Premium Statistic Central & Western Europe: revenue of luxury fashion, 2012-2025
- Premium Statistic Central & Western Europe: revenue prestige cosmetics & fragrances, 2012-2025
- Premium Statistic Central & Western Europe: revenue of luxury watches & jewelry, 2012-2025
- Premium Statistic Central & Western Europe: revenue of luxury eyewear, 2012-2025
- Premium Statistic Central & Western Europe: revenue of luxury leather goods, 2012-2025
Leading European luxury brands
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- Premium Statistic Total revenue of the LVMH Group worldwide 2008-2022
- Basic Statistic LVMH Group's revenue worldwide 2008-2022, by geographic region
- Basic Statistic Revenue of the LVMH Group worldwide by segment 2008-2021
- Basic Statistic Total sales of the Richemont Group worldwide 2008-2022
- Basic Statistic Total sales of the Richemont Group worldwide 2008-2022, by geographical region
- Premium Statistic Kering's global revenue from 2008 to 2021
- Basic Statistic Revenue of the Kering Group worldwide from 2012 to 2021, by brand
- Basic Statistic Global revenue share of EssilorLuxottica in 2021, by geographical area
Consumer behavior
8
- Premium Statistic Shopping channel preference for luxury goods purchases in Europe Q1 2022
- Premium Statistic Importance of brands adopting sustainable luxury policies in Europe Q4 2020 - Q3 2022
- Premium Statistic Importance of luxury/premium products by category in Spain 2022
- Premium Statistic Importance of luxury/premium products by category in Italy 2022
- Premium Statistic Importance of luxury/premium products by category in Germany 2022
- Premium Statistic Importance of luxury/premium products by category in France 2022
- Premium Statistic Importance of luxury/premium products by category in the UK 2022
- Premium Statistic Importance of luxury/premium products by category in Austria 2022
Further related statistics
17
- Expert opinion on key growth drivers of Russian luxury market 2018
- Luxury shoes or leather goods purchase behavior in the United Kingdom (UK) 2016
- Argentina: luxury goods sales value 2017-2022
- Millennials: attributes attracting consumers to luxury brands in the UK 2017
- Luxury cosmetics or fragrance purchase behavior in the United Kingdom (UK) 2016
- Brazil: luxury brands sector growth rate 2016-2018
- Brazil: luxury market size 2015-2017, by category
- Brazil: luxury goods sales value 2017-2022
- Luxury furniture company M&A deals worldwide from 2016 to 2020
- Luxury brands: number of stores in the UK 2016, by revenue bracket
- Luxury brand value in Mexico 2017-2022
- Leading luxury brands in Mexico 2016
- Spending strategies luxury consumers are disposed to adopt in Russia 2018
- Number of employees of the top luxury brands in 2020
- Fashion and luxury goods M&A deals worldwide in 2021, by product category
- Fashion and luxury goods: average M&A deal value worldwide 2021, by product category
- Fashion and luxury goods M&A deals in North America in 2021, by product category
Further Content: You might find this interesting as well
Statistics
- Expert opinion on key growth drivers of Russian luxury market 2018
- Luxury shoes or leather goods purchase behavior in the United Kingdom (UK) 2016
- Argentina: luxury goods sales value 2017-2022
- Millennials: attributes attracting consumers to luxury brands in the UK 2017
- Luxury cosmetics or fragrance purchase behavior in the United Kingdom (UK) 2016
- Brazil: luxury brands sector growth rate 2016-2018
- Brazil: luxury market size 2015-2017, by category
- Brazil: luxury goods sales value 2017-2022
- Luxury furniture company M&A deals worldwide from 2016 to 2020
- Luxury brands: number of stores in the UK 2016, by revenue bracket
- Luxury brand value in Mexico 2017-2022
- Leading luxury brands in Mexico 2016
- Spending strategies luxury consumers are disposed to adopt in Russia 2018
- Number of employees of the top luxury brands in 2020
- Fashion and luxury goods M&A deals worldwide in 2021, by product category
- Fashion and luxury goods: average M&A deal value worldwide 2021, by product category
- Fashion and luxury goods M&A deals in North America in 2021, by product category
McKinsey, & Double Data, & Farfetch. (June 30, 2018). What actions focused on inspiring loyalty do you plan to take?* [Graph]. In Statista. Retrieved February 08, 2023, from https://www.statista.com/statistics/1032144/key-drivers-of-loyalty-in-luxury-market-russia/
McKinsey, und Double Data, und Farfetch. "What actions focused on inspiring loyalty do you plan to take?*." Chart. June 30, 2018. Statista. Accessed February 08, 2023. https://www.statista.com/statistics/1032144/key-drivers-of-loyalty-in-luxury-market-russia/
McKinsey, Double Data, Farfetch. (2018). What actions focused on inspiring loyalty do you plan to take?*. Statista. Statista Inc.. Accessed: February 08, 2023. https://www.statista.com/statistics/1032144/key-drivers-of-loyalty-in-luxury-market-russia/
McKinsey, and Double Data, and Farfetch. "What Actions Focused on Inspiring Loyalty Do You Plan to Take?*." Statista, Statista Inc., 30 Jun 2018, https://www.statista.com/statistics/1032144/key-drivers-of-loyalty-in-luxury-market-russia/
McKinsey & Double Data & Farfetch, What actions focused on inspiring loyalty do you plan to take?* Statista, https://www.statista.com/statistics/1032144/key-drivers-of-loyalty-in-luxury-market-russia/ (last visited February 08, 2023)
What actions focused on inspiring loyalty do you plan to take?* [Graph], McKinsey, & Double Data, & Farfetch, June 30, 2018. [Online]. Available: https://www.statista.com/statistics/1032144/key-drivers-of-loyalty-in-luxury-market-russia/