How do recessions impact HNWI spending?
22 Jun 2022
How do recessions impact HNWI spending?

The luxury market is one of the few sectors that remains unaffected during a recession. While some statistics suggest that stock prices in luxury companies fall across the board, others show rising sales figures in times of financial downturn. Unlike so many other sectors, is luxury recession-proof?

Hannah Tindle

Hannah Tindle is a writer, consultant, and fashion features director at the Evening Standard Magazine.

Gordon Redding

Professor Gordon Redding is an author and professor emeritus at the University of Hong Kong.

Tom Rasmussen

Tom Rasmussen is a writer based in London. Their recent book, First Comes Love, is a personal and analytical look at the history, present, and future of marriage and other formations of relationships.