According to the 2013 Julius Baer Wealth Report, affluent Chinese consumers see buying luxury products and services not as an occasional treat, but an integral part of their lives. From 2011 to 2012, the report says, the percentage of consumers with …
There's no shortage of hyperbole in auto or boating showrooms, but a new pontoon by Larson Boat Group that will make an appearance at the Minneapolis Boat Show has retailers and consumers more than a little curious. Yes, a pontoon. “It's a crossover …
The fashion-apparel and accessories retail market has been notoriously treacherous because of macroeconomic headwinds, as a result of which consumers are spending less on the nice-to-have items. Hence, despite luxury handbags being the …
"Chinese New Year is a key travel period for people traveling from China, especially for luxury consumers" looking to buy brand-name American gifts, he said. Some people make take up to two weeks off to travel, eat and shop here, and they're not shy …
Banks profited from home equity lending during the boom times as home prices skyrocketed. Critics said property owners were treating their homes like automated teller machines, spending the funds on vacations and other luxuries. Consumer advocates say …
The entire concept of luxury brands expanding sales by marketing to a growing aspirational consumer segment is being undermined by a growing trend: the marked concentration of wealth at the higher levels of the richest one percent. Leading up to the …
An elderly woman pushes a trolley with cardboard bundles for recycling past a luxury designer boutique in Hong Kong's Central district. Photographer: Alex … “If workers don't have sufficient income they cannot be consumers.” Inequality is emerging as …
MYRTLE BEACH, S.C., Jan. 23, 2014 /PRNewswire-iReach/ — When consumers start their search for a new luxury car in South Carolina they find everything they need at Beach Lincoln. The Lincoln dealership in Myrtle Beach carries all of the newest vehicles …
Although some brands typically view January as a slow month, with consumers drifting back from their holiday break or trying to hide from the polar vortex, people are still trying to settle back to reality or for some, their new reality. Strategically …