3 biggest luxury fashion retail trends for 2023, according to the experts – Style

• In the US, stimulus cheques helped beat inflation in the summer of 2022, with young consumers splashing out on Louis Vuitton bags, Versace belts and Gucci shoes
• Despite a looming recession, the luxury market is expected to grow in 2023 – but experts predict customers are gravitating towards Dior goods and Hermès Birkins over small brands