Savills Global Luxury Retail Report 2026: Top 5 Destination Markets with Highest VHNWIs (> $5 million) in APAC – Osaka, Seoul, Macau, Taipei, Mumbai, Top 5 Preferred Luxury Shopping Destinations for China HNWs – Hong Kong, France, United States, Japan, Europe (ex-UK, France, Italy), Top 5 Core Luxury Retail Destinations Price Per Sqm (Per Year) – London (Bond Street) $22,100, Hong Kong (Tsim Sha Tsui) $18,500, Milan (Via Monte Napoleone) $18,400, Los Angeles (Rodeo Drive) $15,100, Paris (Champs Elysées) $13,800, Top 5 New Luxury Store Openings by Cities in 2025 – New York, Beijing, Paris, Bangkok, Milan
16th July | Hong Kong
Savills (Real estate advisory firm) has released the Savills Global Luxury Retail Report 2026, providing key insights on global luxury retail, shopping, resorts & HNWIs in 2025. Top 5 Core Luxury Retail Destinations Price Per Sqm (Per Year) – London (Bond Street) $22,100, Hong Kong (Tsim Sha Tsui) $18,500, Milan (Via Monte Napoleone) $18,400, Los Angeles (Rodeo Drive) $15,100, Paris (Champs Elysées) $13,800. Top 5 New Luxury Store Openings by Cities in 2025 – New York, Beijing, Paris, Bangkok, Milan. New Luxury Store Openings by Region in 2025 – North America 27%, Europe 26%, APAC ex-China 20%, China 19%, Middle East 4%, Australia & New Zealand 1%, Rest of the World 2%. New Luxury Store Openings by Market Type in 2025 – Global Alpha Cities plus 40%, Destination / Gateway Cities 22%, Domestic Focused Cities 18%, Global Alpha Cities 16%, Leisure / Resort Markets 4%. Top 5 Resorts Markets with Highest VHNWIs (> $5 million) – Cote D’Azur (France), The Hamptons (United States), St. Moritz (Switzerland), Crans-Montana (Switzerland), Marbella (Spain). Top 5 Destination Markets with Highest VHNWIs (> $5 million) in APAC – Osaka, Seoul, Macau, Taipei, Mumbai. Top 5 Destination Markets with Highest VHNWIs (> $5 million) in North America – Los Angeles, San Francisco, Chicago, Las Vegas, Mexico. Top 5 Destination Markets with Highest VHNWIs (> $5 million) in Europe – Zurich, Rome, Berlin, Istanbul, Vienna. Top 5 Destination Markets with Highest VHNWIs (> $5 million) in Middle East – Doha, Riyadh, Dubai, Kuwait City, Abu Dhabi. Top 10 Destination Cities Forecast Increase in Luxury Hotel Room Supply – Riyadh, Osaka, Seville, Kuala Lumpur, Madrid, Kyoto, Melbourne, Dublin, Lisbon, Taipei. Top 5 Preferred Luxury Shopping Destinations for China HNWs – Hong Kong, France, United States, Japan, Europe (ex-UK, France, Italy). Top 5 Preferred Luxury Shopping Destinations for United States HNWs – France, Europe (ex-UK, France, Italy), UK, Italy, Singapore. Top 5 Preferred Luxury Shopping Destinations for UK HNWs – United States, France, Hong Kong, Italy, Europe (ex-UK, France, Italy). Top 5 Preferred Luxury Shopping Destinations for Germany HNWs – France, Europe (ex-UK, France, Italy), Hong Kong, Italy, Europe (ex-UK, France, Italy). Top 5 Preferred Luxury Shopping Destinations for Italy HNWs – France, Europe (ex-UK, France, Italy), United States, UK, Middle East. HNWs Forecast Increase in Value of Personal Property / Investments – United States 55%, Italy 50%, UK 49%, Germany 37%, China 31%. HNWs Forecast Increase in Disposable Income – United States 47%, UK 41%, Germany 35%, China 31%, Italy 24%. Top 5 United States Cities by Density of Affluent Households – New York, Los Angeles, Chicago, San Francisco, Dallas. See below for key findings & summary | View report here
“ Savills Global Luxury Retail Report 2026: Top 5 Destination Markets with Highest VHNWIs (> $5 million) in APAC – Osaka, Seoul, Macau, Taipei, Mumbai, Top 5 Preferred Luxury Shopping Destinations for China HNWs – Hong Kong, France, United States, Japan, Europe (ex-UK, France, Italy), Top 5 Core Luxury Retail Destinations Price Per Sqm (Per Year) – London (Bond Street) $22,100, Hong Kong (Tsim Sha Tsui) $18,500, Milan (Via Monte Napoleone) $18,400, Los Angeles (Rodeo Drive) $15,100, Paris (Champs Elysées) $13,800, Top 5 New Luxury Store Openings by Cities in 2025 – New York, Beijing, Paris, Bangkok, Milan “
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Savills Global Luxury Retail Report 2026: Top 5 Destination Markets with Highest VHNWIs (> $5 million) in APAC – Osaka, Seoul, Macau, Taipei, Mumbai, Top 5 Preferred Luxury Shopping Destinations for China HNWs – Hong Kong, France, United States, Japan, Europe (ex-UK, France, Italy), Top 5 Core Luxury Retail Destinations Price Per Sqm (Per Year) – London (Bond Street) $22,100, Hong Kong (Tsim Sha Tsui) $18,500, Milan (Via Monte Napoleone) $18,400, Los Angeles (Rodeo Drive) $15,100, Paris (Champs Elysées) $13,800, Top 5 New Luxury Store Openings by Cities in 2025 – New York, Beijing, Paris, Bangkok, Milan
Savills (Real estate advisory firm) has released the Savills Global Luxury Retail Report 2026, providing key insights on global luxury retail, shopping, resorts & HNWIs in 2025. See below for key findings & summary | View report here
Savills Global Luxury Retail Report 2026
Summary
- Top 5 Core Luxury Retail Destinations Price Per Sqm (Per Year) – London (Bond Street) $22,100, Hong Kong (Tsim Sha Tsui) $18,500, Milan (Via Monte Napoleone) $18,400, Los Angeles (Rodeo Drive) $15,100, Paris (Champs Elysées) $13,800
- Top 5 New Luxury Store Openings by Cities in 2025 – New York, Beijing, Paris, Bangkok, Milan
- New Luxury Store Openings by Region in 2025 – North America 27%, Europe 26%, APAC ex-China 20%, China 19%, Middle East 4%, Australia & New Zealand 1%, Rest of the World 2%
- New Luxury Store Openings by Market Type in 2025 – Global Alpha Cities plus 40%, Destination / Gateway Cities 22%, Domestic Focused Cities 18%, Global Alpha Cities 16%, Leisure / Resort Markets 4%
- Top 5 Resorts Markets with Highest VHNWIs (> $5 million) – Cote D’Azur (France), The Hamptons (United States), St. Moritz (Switzerland), Crans-Montana (Switzerland), Marbella (Spain)
- Top 5 Destination Markets with Highest VHNWIs (> $5 million) in APAC – Osaka, Seoul, Macau, Taipei, Mumbai
- Top 5 Destination Markets with Highest VHNWIs (> $5 million) in North America – Los Angeles, San Francisco, Chicago, Las Vegas, Mexico
- Top 5 Destination Markets with Highest VHNWIs (> $5 million) in Europe – Zurich, Rome, Berlin, Istanbul, Vienna
- Top 5 Destination Markets with Highest VHNWIs (> $5 million) in Middle East – Doha, Riyadh, Dubai, Kuwait City, Abu Dhabi
- Top 10 Destination Cities Forecast Increase in Luxury Hotel Room Supply – Riyadh, Osaka, Seville, Kuala Lumpur, Madrid, Kyoto, Melbourne, Dublin, Lisbon, Taipei
- Top 5 Preferred Luxury Shopping Destinations for China HNWs – Hong Kong, France, United States, Japan, Europe (ex-UK, France, Italy)
- Top 5 Preferred Luxury Shopping Destinations for United States HNWs – France, Europe (ex-UK, France, Italy), UK, Italy, Singapore
- Top 5 Preferred Luxury Shopping Destinations for UK HNWs – United States, France, Hong Kong, Italy, Europe (ex-UK, France, Italy)
- Top 5 Preferred Luxury Shopping Destinations for Germany HNWs – France, Europe (ex-UK, France, Italy), Hong Kong, Italy, Europe (ex-UK, France, Italy)
- Top 5 Preferred Luxury Shopping Destinations for Italy HNWs – France, Europe (ex-UK, France, Italy), United States, UK, Middle East
- HNWs Forecast Increase in Value of Personal Property / Investments – United States 55%, Italy 50%, UK 49%, Germany 37%, China 31%
- HNWs Forecast Increase in Disposable Income – United States 47%, UK 41%, Germany 35%, China 31%, Italy 24%
- Top 5 United States Cities by Density of Affluent Households – New York, Los Angeles, Chicago, San Francisco, Dallas
Savills Global Luxury Retail Report 2026
1) Luxury Retail Store
Top 28 Core Luxury Retail Destinations Price Per Sqm (Per year):
- London, Bond Street – $22,100
- Hong Kong, Tsim Sha Tsui – $18,500
- Milan, Via Monte Napoleone – $18,400
- Los Angeles, Rodeo Drive – $15,100
- Paris, Champs Elysées – $13,800
- Paris, Ave Montaigne – $13,800
- New York, Madison Ave – $12,000
- Tokyo, Ginza – $9,900
- London, Sloane Street – $8,400
- Vienna, Kohlmarkt – $8,300
- Munich, Maximilianstraße – $5,500
- Chicago, Oak St – $4,400
- Frankfurt, Goethestraße – $4,300
- Sydney, Castlereagh Street – $3,900
- Dusseldorf, König sallee – $3,900
- Amsterdam, PC Hooftstraat – $3,700
- Barcelona, Passeig de Gràcia – $3,700
- Dublin, Grafton Street – $3,500
- Copenhagen, Amager Torv & Østergade – $3,500
- Shanghai, Nanjing Road (W) – $3,400
- Hamburg, Neuer Wall – $3,300
- Berlin, Kurfurstendamm – $3,200
- Madrid, Ortega y Gasset – $3,200
- Singapore, Orchard Road – $3,000
- Oslo, Nedre Slottsgate – $2,900
- Toronto, Bloor Street – $2,400
- Stockholm, Biblioteksgatan – $1,800
- Lisbon, Avenida da Liberdade – $1,700
Top 10 New Luxury Store Openings by Cities in 2025:
- New York
- Beijing
- Paris
- Bangkok
- Milan
- London
- Los Angeles
- Miami
- Tokyo
- Shanghai
New Luxury Store Openings by Region in 2025:
- North America – 27%
- Europe – 26%
- APAC ex-China – 20%
- China – 19%
- Middle East – 4%
- Australia & New Zealand – 1%
- Rest of the World – 2%
New Luxury Store Openings by Market Type in 2025:
- Global Alpha Cities plus – 40%
- Destination / Gateway Cities – 22%
- Domestic Focused Cities – 18%
- Global Alpha Cities – 16%
- Leisure / Resort Markets – 4%
2) Location of VHNWIs (> $5 million)
Top 5 Resorts Markets with Highest VHNWIs (> $5 million):
- Cote D’Azur, France
- The Hamptons, United States
- St. Moritz, Switzerland
- Crans-Montana, Switzerland
- Marbella, Spain
Top 5 Destination Markets with Highest VHNWIs (> $5 million) in APAC:
- Osaka
- Seoul
- Macau
- Taipei
- Mumbai
Top 5 Destination Markets with Highest VHNWIs (> $5 million) in North America:
- Los Angeles
- San Francisco
- Chicago
- Las Vegas
- Mexico
Top 5 Destination Markets with Highest VHNWIs (> $5 million) in Europe:
- Zurich
- Rome
- Berlin
- Istanbul
- Vienna
Top 5 Destination Markets with Highest VHNWIs (> $5 million) in Middle East:
- Doha
- Riyadh
- Dubai
- Kuwait City
- Abu Dhabi
Top 20 Destination Cities Forecast Increase in Luxury Hotel Room Supply:
- Riyadh
- Osaka
- Seville
- Kuala Lumpur
- Madrid
- Kyoto
- Melbourne
- Dublin
- Lisbon
- Taipei
- Tokyo
- Mexico City
- Dubai
- Doha
- Jakarta
- Mumbai
- Bangkok
- Rome
- Shanghai
- Miami
3) Top Luxury Shopping Destinations for HNWs
Top 5 Preferred Luxury Shopping Destinations for China HNWs:
- Hong Kong
- France
- United States
- Japan
- Europe (ex-UK, France, Italy)
Top 5 Preferred Luxury Shopping Destinations for United States HNWs:
- France
- Europe (ex-UK, France, Italy)
- UK
- Italy
- Singapore
Top 5 Preferred Luxury Shopping Destinations for UK HNWs:
- United States
- France
- Hong Kong
- Italy
- Europe (ex-UK, France, Italy)
Top 5 Preferred Luxury Shopping Destinations for Germany HNWs:
- France
- Europe (ex-UK, France, Italy)
- Hong Kong
- Italy
- Europe (ex-UK, France, Italy)
Top 5 Preferred Luxury Shopping Destinations for Italy HNWs:
- France
- Europe (ex-UK, France, Italy)
- United States
- UK
- Middle East
4) HNWs Insights
HNWs Forecast Increase in Value of Personal Property / Investments:
- United States – 55%
- Italy – 50%
- UK – 49%
- Germany – 37%
- China – 31%
HNWs Forecast Increase in Disposable Income:
- United States – 47%
- UK – 41%
- Germany – 35%
- China – 31%
- Italy – 24%
5) United States Affluent Households
Top 10 United States Cities by Density of Affluent Households
- New York
- Los Angeles
- Chicago
- San Francisco
- Dallas
- Washington DC
- Houston
- Miami
- Boston
- Philadelphia
- Seattle
Savills – Savills is a global real estate advisor helping people thrive through places and spaces. With over 42,000 professionals in more than 700 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East, we combine local knowledge with global insight to deliver tailored solutions that drive real impact. Headquartered in London and listed on the FTSE 250 (LON: SVS), we work with corporate, institutional and private clients to unlock the full potential of residential and commercial property.
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