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.

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