11 reports

Luxury Jewellery in South Africa

21 pages • By Euromonitor International

The weak rand, challenging economic situation internally and low consumer confidence slowed down business for luxury jewellery retailers. International visitors, African consumers in particular who represent an important customer base, have cut down on their spending for multiple reasons. Rising unit prices locally and foreign exchange controls...

550 627 413
Feb 2017

Super Premium Beauty and Personal Care in South Africa

24 pages • By Euromonitor International

Despite the tough economic environment, with declining disposable income and increasing unit prices, the super-premium beauty and personal care category is showing resilience to adverse economic conditions. The category is being driven by aspirational consumers who want to be associated with well-known international brands that are reputed...

550 627 413
Feb 2017

Luxury Writing Instruments and Stationery in South Africa

20 pages • By Euromonitor International

Corporate gifts and limited edition collector items, which often command a hefty price tag, drove the performance of the category in 2016. Luxury boutiques, watches and jewellery specials stock luxury instruments as complimentary products. Euromonitor International’s Luxury Writing Instruments and Stationery in South Africa report offers...

550 627 413
Feb 2017

Luxury Leather Goods in South Africa

24 pages • By Euromonitor International

The last two years saw the opening of the Diamond Walk and the Mall of Africa, two exclusive shopping malls primarily targeting wealthy shoppers from South Africa as well as the African continent. The period under review was characterised by the entry of international luxury players, such as Jimmy Choo, Prada and Gucci, which opened monobrand...

550 627 413
Feb 2017

Designer Apparel and Footwear (Ready-To-Wear) in South Africa

26 pages • By Euromonitor International

In terms of luxury goods, 2016 was a tumultuous year. On the one hand, the market kicked off nicely with the opening of the Diamond Walk. However, one year on after its opening, retailers have been complaining about slow business. The weaker rand, more complicated visa requirements and foreign exchange control measures in neighbouring countries...

550 627 413
Feb 2017

Luxury Portable Consumer Electronics in South Africa

20 pages • By Euromonitor International

Luxury electronic gadgets is still a very small category in South Africa, driven primarily by African tourists who travel to South Africa more often than they do to European countries. Such consumers choose to buy their luxury devices locally as these brands are not available in their home countries. Euromonitor International’s Luxury...

550 627 413
Feb 2017

Luxury Eyewear in South Africa

21 pages • By Euromonitor International

Luxury eyewear was driven by aspirational consumers in 2016, predominantly young black South Africans. Luxury eyewear, most particularly sunglasses, are perceived as the perfect status symbol and fashion statement piece. Despite the economic slowdown, fashion conscious consumers chose to finance their purchases through store credit accounts...

550 627 413
Feb 2017

Luxury Timepieces in South Africa

20 pages • By Euromonitor International

Luxury timepieces remain a key favourite among different groups of luxury shoppers, including aspirational consumers, the nouveau rich as well as the super-rich older generations. The value and brands chosen by consumers in turn depend on their level of wealth and income. Aspirational consumers generally opt for entry level ranges in luxury...

550 627 413
Feb 2017

Luxury Electronic Gadgets in South Africa

15 pages • By Euromonitor International

Luxury mobile phones include features such as titanium/platinum bodies, leather covers, diamond/sapphire embellishments and other services, such as a five-star rated Concierge service. As luxury mobile phones have unit prices exceeding R100,000, they are usually beyond the reach of most South African citizens. Such a distinction has been a...

550 627 413
Feb 2016

Luxury Accessories in South Africa

16 pages • By Euromonitor International

One key success factor for various global brands has been to exclusively distribute their products without the use of third-party retailers. Luxury retailers such as Louis Vuitton, Gucci and Mont Blanc are typical examples of retailers which have managed to succeed despite distribution being limited to their own stores, which are present in...

550 627 413
Feb 2016

Luxury Goods Retailing in Middle East and Africa, 2014-2019

72 pages • By GlobalData

Summary Luxury goods retail sales in the Middle East and Africa (MEA) are expected to remain strong, growing at a CAGR of 7.2% during the forecast period. The rising middle class population, surging purchasing power, better educated young millennials, and government initiatives to boost tourism are driving growth in the region. New...

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Sep 2015