Free Data GraphicThree Things You Need To Know: Global Luxury Department Stores—How Are They Evolving? Coresight Research March 23, 2022 Our Three Things You Need To Know series provides free snapshots of Coresight Research data and findings. Subscribers can access the full research behind this graphic here. To find out how to subscribe, click here. The pandemic provided luxury department stores with an opportunity to reinvent themselves following pressure from the consumer shift to online and brands’ movement away from wholesale in the department store sector in recent years. Read our outlook for the global luxury department store sector and explore five key ways in which major players are evolving to remain relevant. Click the image to read more about the topic. This document was generated for Other research you may be interested in: Confidence and Couture—Consumer Sentiment Ticks Up, Gucci Leads in Luxury: US Consumer Survey InsightsWeekly US Store Openings and Closures Tracker 2025, Week 46: Boll & Branch Nearly Doubles Its Store CountMusic Festivals: A Key Opportunity for Retail Brand EngagementPlaybook: GenAI to Agentic AI—From Pilot to Powerhouse