Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
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Luxury Consumers

How She Did It: Melissa Fensterstock on Launching a Luxury Perfume That …
www.forbes.com

She has worked primarily in life sciences and luxury consumer products and is currently Senior Director of Corporate Development at Immune Pharmaceuticals a publicly traded biotechnology company. Yet, Melissa and her husband Michael Fensterstock are …

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LG and Samsung introduce luxury-class smartwatches
www.cbsnews.com

Some smartwatch designers are setting their sights squarely on the round, while others focus on a wealth of features. But despite all the new bells and whistles, the question remains, are consumers ready for functional fashion on their wrists? LG will …

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China's Toilet Paper Makers Flush With Cash
www.forbes.com

Chinese consumers are well known for their interest in luxury goods, but enterprising manufacturers are now rushing to take advantage of their more private interest in other comforts of modern life. In the country that invented papermaking, the use of …

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Hong Kong retail sales slump by 3.1pc in July as consumers scrimp on luxury
www.scmp.com

The summer holidays brought no relief for hard-pressed shopkeepers as retail sales declined for the sixth consecutive month – and retailers see no relief in sight until winter. Total sales were down 3.1 per cent on July last year, government statistics …

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Affluent Consumers Continue Their Bumpy Ride to Financial Confidence …
www.digitaljournal.com

Compared to last quarter, affluent consumers in the third quarter 2014 are nearly 20% more confident in their financial status and standing, as measured by Unity Marketing's Luxury Consumption Index, based upon five key measures of consumer confidence.

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The Secret To Creating Your Own Sleeper Hit Like Uber
www.fastcompany.com

Uber expertly positioned itself to capture the market of twenty- to fortysomethings craving a luxury taxi service by providing cheap fares, convenient service, and knowledgeable drivers, but that alone didn't drive a 30% growth of its black car service …

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Luxury Automakers Ramp Up India Investments On Anticipated Future Growth
www.forbes.com

Luxury automakers, especially the German big 3 Volkswagen AG's Audi, BMW, and Daimler AG's Mercedes-Benz are looking to gain from the untapped market potential in India, by expanding local assembling operations and distribution networks, and increasing …

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Luxury fashion takes on fitness technology
www.oleantimesherald.com

Ildeniz said at the winter Consumer Electronics Show in Las Vegas that the chip company is collaborating with the design cooperative Opening Ceremony, the Council of Fashion Designers of America and luxury retailer Barneys to find new ways for …

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China's Growing Grey Market for All that's Foreign
www.foreignpolicy.com

A 2013 survey by U.S.-based consultancy Bain & Company found that at least 60 percent of Chinese luxury consumers had used daigou to purchase products from abroad. (Daigou are legal if they pay the proper customs fees, but many evade them.).

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