About two thirds of all luxury goods chinese consumers buy occur outside of china. The online market is growing quickly but is primarily driven by retailers who are selling products they buy in the west, products they report to buy and the west that …
Dogan said that Shangri-La's decision to launch a mid-range hotel chain was based on this shifting mix, and the new chain targets a growing group of consumers that are looking for a 'fuss free' style of hotel. Simon Cooper, president & managing …
Consumers are forced to shift funds to pay for unprecedented wage cuts, furloughs and cutbacks to retirement benefits. “I don't even know how to define the middle … Luxury isn't as price-sensitive. In fact, stores that cater to the wealthy will lose …
But Germany's green energy policies have proven so disastrous that the magazine is writing that electricity is becoming a luxury good, owing to the vast expense and inefficiency of the wind, solar, and other green follies embraced by the government there:.
China is newly wealthy, and consumers have been on a shopping spree. That means … There are exceptions to this trend, but they're mostly for luxury brands calling on Hollywood A-Listers like Brad Pitt and Nicole Kidman to hawk their products. "This …
The preferences of the Indian consumers of luxury watches has evolved over time. Earlier, luxury was essentially intertwined with foreign trips and luxury watches were generally imported from Europe. As luxury watches entered India and the number of …
The balance is story-telling. Luxury consumers are like kids. Brands are a dream, an aspiration. If you get the impression that you're the only one, that you're unique and being the only one told the story, you'll pay up. If you feel like everyone else …
The new XE, priced lower than the other Jaguar models, will aim to attract consumers who prefer cheaper luxury vehicles, and the ones looking to trade-in their large non-luxury sedans for relatively inexpensive premium cars. A reference point for the …
There was a time when leather seats, sunroofs and wood trim were exclusive to luxury cars. Now a growing … When gas prices topped $4 per gallon nationwide in 2008, consumers abandoned trucks and sport-utility vehicles in search of better gas mileage.