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Luxury goods study finds millennials, Gen Z accounted for the entire growth of the market in 2022; with Gen Z customers as young as 15 'already hooked' on high-ticket items, teens are set to become the biggest buyers of luxury goods by 2030: Bain & Co.

Bain: Global community must transform food systems to feed growing populations, build resilience to climate change, support farmers, achieve net-zero; report highlights 'early mover' efforts, such as innovative irrigation systems, targeted crop choice

Bain: European construction sector could reach 50% circularity by 2040, including recycling and content use, from 30% today; 50% circular construction industry would halve sector's GHG emissions, see total materials use drop 8% to 590 million tonnes/year

Bain: Digital-first retailers to double global revenue share by 2030 but convergence between old and new to shape next decade; fastest growth for 'digital natives' likely to be over as investors expect profitability, traditional retailers raise their game

Bain/Kantar report finds China's fast-moving consumer goods market showed resilience with 3.6% growth during first three quarters in 2022; while 2023 could be volatile, FMCG market showed buoyancy in rough waters, signaling hope for months and years ahead

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