Key Takeaways Luxury boom is driven by pricing power, scarcity and affluent consumers who remain less price-sensitive.Global tourism and rising wealth diversify demand, lifting premium goods and experiences worldwide.TPR, SIG and HST reflect these trends across handbags, fine jewelry and high-end travel.The global luxury market is entering a renewed phase of strength after navigating a period of cyclical softness. High-end retail stocks are once again attracting investor interest as spending by affluent con ...