English

With a global community around the app, products from local brands have the chance to reach an international audience and go beyond the local context.

Business

Video. European luxury market is growing and TikTok is increasingly key

Updated: 20/07/2025 - 7:01 GMT+2

Despite the global slowdown in the luxury goods sector, Europe is showing growth. In 2024, the value of the market in the region increased by 3% and reached almost €110 billion. What is behind this paradox?

Read full article

Top stories

Now playing Next

European luxury market is growing and TikTok is increasingly key

Now playing Next

Latest news bulletin | September 16th, 2025 – Evening

Now playing Next

Bukhara Biennial: Healing through art and culture on the Silk Road

In partnership with Center of Islamic Civilization in Uzbekistan

Now playing Next

Rupert Murdoch's family reaches deal on who will control media empire

Now playing Next

AI, art and inclusion take centre stage at Expo 2025

In partnership with Cabinet Secretariat

Now playing Next

EU Commission to slap duties on Israeli goods, Kallas tells Euronews

Now playing Next

Javier Bardem wears keffiyeh at 2025 Emmys in support of Palestine

Now playing Next

Could a Hyperloop blast humans from Amsterdam to Paris in 45 minutes?

Now playing Next

Hollywood icon Robert Redford dies aged 89

Now playing Next

Spain's PM calls for Israel ban from sports events over war in Gaza

Now playing Next

How military business could be the game changer for the EU-India free trade deal

Now playing Next

350,000 Palestinians evacuate Gaza City on first day of military operation, IDF says

Now playing Next

Get behind EU plan to sanction Israeli trade, Kallas urges member states

Now playing Next

Will the EU-Mercosur partnership get off the ground?

Now playing Next

Administrative building hit in Kharkiv as drone targets busy street

ADVERTISEMENT

ADVERTISEMENT

More from Business

Business

AI robot dogs deliver fast food in Zurich, as Just Eat pilots new technology

Business

Uzbekistan: 51 presidential initiatives to boost entrepreneurship

Business

EU signs €500 million loan to safeguard Ukraine's energy security ahead of winter

Business

OPEC+ agrees to boost oil production by 547,000 barrels per day from September

Latest video

Europe in Motion

Watch the video: Who's winning the green energy race in the EU?

Culture news

It's official: Spain to withdraw from Eurovision 2026 if Israel participates

No Comment

Red Bull Megaloop returns in Noordwijk after two-year wait

Lifestyle

Fifteen pups (and one cat) steal the runway at New York Fashion Week

Art

Picasso, Warhol and Magritte lead Sotheby’s sale of Pauline Karpidas’ stunning collection

No Comment

One killed and 13 injured in Russian strike on Zaporizhzhia

No Comment

Motorbike mechanic now trains macaws in Jakarta

No Comment

Families march to Belfast court as Bloody Sunday trial begins

ADVERTISEMENT

Germany

Polish president visits Germany amid tensions over WWII reparations

Ukraine

At least seven people killed and dozens injured in Russian strikes on Ukrainian cities

EuroVerify

Terrorists threaten Notre Dame cathedral in old, fake video

Gaza

US warns of limited time for Gaza deal as Israel intensifies strikes

World News

Arab-Islamic emergency summit offers mixed response to Israeli strike on Hamas in Doha

Poland

Drone neutralised flying over government buildings in Warsaw, PM Donald Tusk says

Tech News

US says TikTok deal reached with China. Here’s all we know and who the buyer could be

Europe in Motion

Connection tourism: These are the best European cities for layovers

ADVERTISEMENT

ADVERTISEMENT