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Luxury Consumers

How Big Is the Demand for Luxury Goods in China?
www.bloomberg.com

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 …

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Shangri-La CEO: Chinese still want luxury
www.cnbc.com

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 …

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Shrinking middle class takes a toll on retailers
www.dallasnews.com

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 …

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German Green Energy Policies Making Electricity a Luxury Good
www.americanthinker.com

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:.

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The Western stars of Chinese adverts
www.bbc.com

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 …

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Luxury watch retail industry has witnessed rapid growth in India
zeenews.india.com

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 …

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Writing China: Erwan Rambourg, 'Bling Dynasty'
blogs.wsj.com

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 …

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Jaguar's New Compact Sedan XE Unveiled In London
www.forbes.com

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 …

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Pickup Trucks Go Upscale
www.foxbusiness.com

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.

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