I think that people forget that in the next year 100 million consumers will exit that country and travel to flagship markets all over the world," Ahrendts said. "Really it's [about] offering the Chinese consumer the ultimate service wherever they are …
And cars are seen as a luxury, rather than a necessity, by those consumers who have access to good public transportation. “With no new jobs, with a declining population and with an aging population, demand for new cars naturally declines,” Mr …
The company's entry into the electric market is another sign that automakers are pushing ahead with expensive new battery-powered models despite a tepid response from consumers. General Motors, which has been moderately successful with its Volt plug-in …
The growing practice of educating Chinese consumers in becoming discerning luxury consumers is not just exclusive to auction companies. As China's wealthy become more discerning in many of their purchase choices, many companies are rushing to meet …
According to a McKinsey & Company report, nearly 70 percent of Chinese luxury consumers buy their Tiffany baubles and Hermès scarves abroad to avoid higher sales tax on such goods at home, which can reach 60 percent. Take the black Louis Vuitton …
Aside from the ever so popular Take 'N' Bake experience, Papa Murphy's Pizza will also offer the UAE consumers the luxury of choosing the ready to eat option, bake 'n' take, of their signature pizzas. The store is located in Al Barsha inside Lulu …
However, for the majority of homebuyers who do choose to finance their purchase, higher interest rates could quickly price potential luxury-home buyers out of the market and hurt Toll's bottom line. Another loser here would be banks. Now, keep in mind …
Pam gives luxury marketers "All Access" to the mind of the luxury consumer. She uses qualitative and quantitative market research to learn about their brand preferences, shopping habits, and attitudes about their luxury lifestyles, then turns these …
“The luxury consumer is considered a trendsetter in most industries, and to see the strong connection this consumer has with 'home' is very significant as we look at the real estate market as a whole,” says Sherry Chris, president and CEO of Better …