Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
of Peace, Passion, Profits And Philanthropy.
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Luxury Consumers

CONSUMER AFFAIRS: Vacation travel tips
www.nwitimes.com

Make sure a below-average vacation accommodation is not being advertised as “five-star” or “luxury.” Understand the cancellation and refund policies before paying for a trip. The FTC suggests consumers check out information on travel insurance …

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Hongqi Taking Its Time With Luxury SUV Market
www.jingdaily.com

A report on China Daily this morning announced that Chinese luxury automaker and Audi rival Hongqi will be coming out with an SUV by 2016, as well as a hybrid version of its H7 model—an announcement that signals the continuation of the company's …

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Why Don't Hotels Give You Toothpaste? An Investigative Report.
www.slate.com

Luxury hotels sprinkle extras on the bathroom counter like confetti: a nail file, a facial towelette, a shower puff, a mending kit, a shoe mitten. And what about the … Hotels won't supply an inexpensive item that consumers clearly need. What's behind …

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It's chic to click: YSL's virtual arrival
www.afr.com

Australian consumers have taken luxury brands by surprise with their voracious appetite for online shopping. Global e-retailers such as Net-a-Porter, Asos, Shopbop, Stylebop and my-wardrobe quickly established regional distributions, marketing arms or …

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Some apparel manufacturing 'reshoring' to USA
www.usatoday.com

Asian factory wages, however, are rising rapidly and U.S. consumers have shown a willingness to pay more for Made-in-America products. Brooks Bros. bought a … "A U.S. product is perceived as a luxury item in other areas of the world," he says …

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Tesla fan petition to White House reaches 100000 signatures
www.latimes.com

“The state legislators are trying to unfairly protect automobile dealers in their states from competition," fans of the luxury car brand wrote. "Tesla is providing competition, which is good for consumers.” Dealers associations in several states have …

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BOJ Kuroda upbeat on economy, "Abenomics" effect broadening
au.news.yahoo.com

Some regions said consumers were spending more on luxury watches and cars, as well as on travel and dining. But Shigeki Kushida, who as head of the BOJ's Osaka branch that oversees the Kinki western Japan region, said average-income households …

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European Commission cap on credit and debit card fees will end up costing …
www.mirror.co.uk

This is intended to help consumers by bringing down costs as it will reduce the amount retailers have to pay for accepting card payments – and the theory is that stores will drop their prices. However, it will do the exact opposite and simply means we …

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Why North America Remains Nike's MVP
seekingalpha.com

Nike, a discretionary name, is exposed to the type of customer that might feel the impact of slowing growth as opposed to simply the wealthy, luxury consumers who may not notice the difference between 7% GDP growth and 10% GDP growth in the country.

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