There is a certain irreversibility to discounting, once a brand becomes cheaper and more common, luxury consumers won't be willing to shell out for the steeper price tags. Brands are always rising and falling in America. That couldn't be more true in …
According to management consultant Bain & Co, the leading researcher in the sector, the number of luxury consumers has more than tripled in the past 20 years, to around 330 million. Spending has risen at a similar rate, to an estimated £180 billion in …
… a new 'white paper' from The Chalhoub Group. To help brands better understand luxury Gulf Cooperation Council (GCC) consumers, Chalhoub Group conducted consumer research to identify key luxury consumption trends and profiles among this group.
Law360, New York (May 28, 2014, 8:50 PM ET) — The global market for luxury goods continues to grow, despite cyclical economic downturns in the U.S. and Europe. According to a recent Bain & Company study, the number of worldwide luxury consumers …
Companies selling goods to affluent Americans mostly have done better than those selling to the less well-off. But there are limits to their success. The years since the recession haven't been good to the lower and middle classes. A household at the …
Fabergé-themed windows in the retailer told the house's history, while a pop-up shop hosted jewelry pieces and an interactive online platform in-store allowed consumers to virtually try on merchandise and share the video on social media. This takeover …
May 28 (Bloomberg) — Rahul Sharma, managing director at Neev Capital, previews fourth-quarter results from Michael Kors and looks at the latest trends in luxury fashion. He speaks on Bloomberg Television's “The Pulse.” Please enable JavaScript to view …
Luxury car dealerships such as BMW and Mercedes, generally on the higher end of cost range for many consumers, have turned to offering leases as an easier to afford option. — Photo by Keith Gosse/The Telegram. After slipping to a low of seven per cent …
Will Kors be able to follow Tiffany's lead in taking full advantage of economic strength from luxury consumers? Let's take an early look at what's been happening with Michael Kors Holdings over the past quarter and what we're likely to see in its …