Welcome LUXlife Magazine proudly welcomes you to the sixth annual Global Excellence Awards! Each year we are committed to honouring the very best that the luxury lifestyle industry has to offer, celebrating the top performers and service providers across retail, hospitality, travel, beauty, entertainment, and more. Today we are seeing substantial growth in the number of working professionals worldwide, and this – combined with the rising impact of corporate culture as well as improvements in lifestyle – has led to higher disposable income levels of the modern consumer. As the standard of living is increasing, especially amongst younger generations, the luxury goods and services sector is experiencing a welcome boost post-pandemic. With the luxury market becoming more immersed in the digital age, the growing influence of social media and the embrace of virtual technologies is having a profound effect on lifestyle and purchasing choices. These are trends that luxury companies will have to keep up with to stay competitive, as brand stories that are both unique and socially conscious are proving to be increasingly popular. Moreso than ever, high-end customers are looking to curate their online presence and are taking an individualized approach to not only where they spend their money, but also how they can share this across their network. The rise of a tech-savvy consumer base has also been a crucial factor in the boom of online sales in the global luxury market, as convenience, efficiency, and extensive choice are taking the lead in defining spending habits.
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