Some of the new spots feature the MKZ hybrid, which Rivers says allows Lincoln to attract the “progressive luxury” client it desires. On average, hybrid luxury consumers have higher incomes and are more interested in technology. “It gives us this …
After luring customers through discounts and promotions, Fast Retailing and Seven & I hope to counter a further slowdown in spending through their value-for-money offerings. "When it comes to day-to-day spending, people are still in penny-pinching mode.
The new Buckhead Atlanta complex will soon bring more luxury retail offerings for our domestic and international visitors. When you consider Atlanta welcomed 42.3 million visitors last year, 47,000 Chinese visitors is a paltry sum. So the question …
Flash sales sites typically offer a limited supply of luxury products at big discounts through online sales events that last for a short time each day. After the 2008 financial crisis, a crop of these businesses, including Gilt Groupe, Rue La La and …
On average these younger wealthy consumers spent more than $2.1 million on their most recent purchase of residential property, approximately twice the average amount spent by older and similarly wealthy luxury buyers, which was $1.1 million. “This …
Being privately held, we are in the luxury of not sharing the luxury — the information about our sales, but the consumer can tell with every sip, and using that french winter wheat actually makes a big difference in the process. If you look at what …
Burberry's CEO says luxury sector may face prolonged China slowdown. “Burberry, which rang alarm bells on a slowdown in China more than a year ago, has shut half its stores in China since it took over its distribution network, Ahrendts said.” (Reuters).
Cashmere sweaters at Uniqlo. Gourmet coffee and ice cream at 7-Eleven. These incongruously premium offerings by two of Japan's biggest retailers are part of a strategy to lift profit margins by enticing thrifty shoppers to splurge on little luxuries …
But Pennsylvania residents concerned about drilling no longer have the luxury of simply calling for a ban, Switzer said. Not with the Pennsylvania and West Virginia portions of the Marcellus already yielding … The enormous volume of gas flowing from …