Dr. Daniel Langer examines why luxury’s era of automatic growth is over—and why the industry’s current challenges are structural, not temporary. Drawing from Équité’s landmark report, The Cost of Waiting: Luxury 2026–2030, he explores the forces reshaping the global market, from changing wealth patterns and China’s maturation to Gen Z’s rising expectations and the growing gap between price and perceived value. Daniel reveals which regions and categories are positioned for growth, why the coming recovery will favor only a select group of brands, and the foundational actions leaders must take now to strengthen desirability, elevate client experiences, and remain relevant through 2030.

00:00 - 00:55 - Introduction to Luxury Dynamics

00:56 - 02:04 - Industry Feedback and Insights

02:05 - 03:48 - Historical Context of Luxury Growth

03:49 - 06:47 - Phases of Luxury Market Growth

06:48 - 07:45 - China's Wealth Creation Impact

07:46 - 09:03 - Emerging Trends in Luxury

09:04 - 09:52 - Understanding Growth Rates

09:53 - 12:52 - Evaluating Market Conditions

12:53 - 14:24 - Price Increases and Consumer Response

14:25 - 16:35 - Shift in Market Dynamics

16:36 - 19:09 - Regional Market Analysis

19:10 - 20:41 - Educational Initiatives in Luxury

20:42 - 21:21 - Future of Luxury Education

21:22 - 22:15 - US Market Resilience

22:16 - 23:50 - Shifts in Chinese Luxury Spending

23:51 - 24:55 - Concentration of Wealth and Recovery

24:56 - 25:56 - Investment in Experiences and Longevity

25:57 - 26:46 - Structural Shifts in the Luxury Market

26:47 - 29:22 - Addressing Brand Fundamentals

29:23 - 30:50 - Conclusion and Future Insights