Quarterly online revenue growth of luxury fashion and handbags worldwide 2024

Published by
L. Yltävä,
Nov 20, 2024

The year-on-year (YoY) revenue growth of luxury apparel and handbags fluctuated worldwide from 2023 to 2024. Luxury apparel experienced a 3 percent increase in YoY revenue growth during the third quarter of 2023. However, the following two quarters of 2024, this growth took a downturn, declining to one and two percent respectively. On the other hand, luxury handbags' YoY revenue grew 4 percent in the second quarter of 2024 and decreased to a negative 2 percent in the third one. 

Year-on-year (YoY) online revenue change of luxury apparel and handbags worldwide from Q3 2023 to Q3 2024

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Release date

November 2024

Region

Worldwide

Survey time period

Q3 2023 to Q3 2024

Supplementary notes

Release date is the date of access.

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Topics

Luxury e-commerce in EuropeGlobal personal luxury goods industryMoët Hennessy Louis Vuitton (LVMH Group)PradaE-commerce returns in Europe
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