Dr. Rick C. Ernst
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Luxury Brands

Rude staff helps better sales of luxury brands: Report
www.business-standard.com

A new study has found that when it comes to luxury brands, the ruder the staff, the better is the sales. According to the research by University of British Columbia's Sauder School of Business, consumers who get the brush-off at a high-end retailer can …

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What If Basic Groceries Were Repackaged As Luxury Brands?
www.thepoke.co.uk

… Groceries Were Repackaged As Luxury Brands? Tweet. Email. Artist Peddy Mergui's Wheat is Wheat is Wheat project takes everyday groceries and repackages them up as luxury goods. Versace Eggs. Luxury-Food-Packaging-14. Luxury-Food-Packaging- …

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Being rude helps when selling luxury brands
gulfnews.com

For the study, participants imagined or had interactions with sales representatives — rude or not. The people who expressed an aspiration to be associated with high-end brands also reported an increased desire to own the luxury products after being …

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Small SUVs: Competition heats up among luxury brands
www.csmonitor.com

Porsche may be set to cash in on growing demand for crossovers with coupe-like styling, a segment initiated by the BMW X6, by launching its own version based on the next-generation Cayenne. If built, the vehicle would not only have the X6 to contend …

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Derek Lam Believes in Fashion for the Masses
www.adweek.com

Top-tier luxury brands like Chanel—whose classic quilted bag has skyrocketed 70 percent to $4,900 in the past five years—are inflating their prices and reducing access to entry-level products in order to create exclusivity and differentiate …

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Panama luxury goods spending up, basics down
www.newsroompanama.com

Greater purchasing power and a growing middle class have led to an increase in the purchase of goods in the premium brand range to the detriment of basic commodities in Panama. Liqueurs and alcoholic beverages is one of the sectors which best …

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E-Com Site Farfetch Raises $66 million
www.retail-merchandiser.com

"The Farfetch platform enables, the world's leading fashion boutiques to present the largest range of premium luxury brands and carefully curated products available in the market today," Managing Partner of Vitruvian Partners Mike Risman says. "With an …

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A Punishing Month for US Luxury Stocks
www.businessweek.com

There's still time for one more “April is the cruelest month” jag, even on the second day of May. Let's look back at last month's harsh treatment of luxury brands: Every U.S. stock in the category declined in April, with an average loss of 5.8 percent …

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Consumer Spending Trends: What Drives Luxury Purchases
millionairecorner.com

A new consumer spending trends survey finds that regardless of age, superior quality and craftsmanship are the two most essential elements of a luxury brand that wealthy shoppers consider. The Luxury Institute surveyed U.S. consumers ages 21 and up …

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