LIVE: JLL’s Retail Luxury Report 2023

David Corson September 19, 2023

JLL's Retail Luxury Report 2023 is now live.

Key trends:

Luxury retailers leased 650,000 sqft of space last year
Sunbelt cities make up growing share of luxury leasing
Malls accounted for almost 40% of overall luxury retail leasing
Economic concerns will impact the aspirational luxury customer
Luxury sales reach $70 billion in 2022
"Quiet" luxury is making some serious noise

The report also includes notable luxury openings, key luxury themes for 2023 and beyond, Class A malls that are attracting luxury brands, prime urban corridors and more!

Download here.

If you'd like to speak to an expert, please let me know.

Naveen Jaggi, President of Retail Advisory Services, JLL
Kristin Mueller, President of Retail Property Management, JLL
Ebere Anokute, Manager, Retail Research, JLL

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