4 reports

  • February 2016

Birks Group Inc has changed its direction and implemented changes that are intended to position the jeweller as more appealing to Generation X consumers, affluent millennials and international luxury customers in Canada. In addition to revamping its store and brand identity within the country, the company has also developed 16 new higher-end...

  • Jewelry
  • Luxury Goods
  • Canada
  • Demand
  • Birks Group Inc.
  • LUXURY GOODS IN CANADA - INDUSTRY OVERVIEW
  • Passport 6

Luxury cars in Canada experienced rapid developments over the review period, driven by rising household wealth, affluent immigrants and retiring baby boomers. It demonstrated sustained value growth over the review period. Household wealth continued to rise steadily in Canada and the net worth of the top fifth of Canadians doubled from...

  • Light Vehicle
  • Luxury Goods
  • Canada
  • Demand
  • LUXURY GOODS IN CANADA - INDUSTRY OVERVIEW
  • Luxury Goods in Canada Maintains Healthy Growth in 2017

Men’s luxury bags and small leather goods continued to perform well, although it only accounted for a small share of luxury leather goods overall in Canada in 2017. The faster growth of this category benefited from the rising awareness of luxury brands among male consumers. An increasing number of male consumers are interested in high...

  • Luxury Goods
  • Canada
  • Demand
  • LUXURY GOODS IN CANADA - INDUSTRY OVERVIEW
  • Luxury Goods Records Continued Growth in Canada

Demand for luxury accessories witnessed positive growth in 2015 supported by the younger consumer group known as millennials that are showing a tendency to purchase high-end luxury accessories, as well as growing demand for men’s luxury accessories. Luxury accessories for men and women is a reflection of status and a fashion-inspired product. Euromonitor...

  • Luxury Goods
  • Canada
  • Demand
  • Forecast