Dr. Rick C. Ernst
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Luxury Consumers

Consumer star: China's luxury demand is evolving not slowing
www.citywire.co.uk

Consumer star: China's luxury demand is evolving not slowing. Chinese demand for luxury goods is changing not waning and many top fashion houses have been caught cold by new developments, according to consumer specialist Arjen Los. The Euro Stars …

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Engaging High Net Worth Individuals in Indonesia: Leading Marketers Address …
www.menafn.com

Engaging High Net Worth Individuals in Indonesia: Leading Marketers Address Key Challenges in Luxury Marketing. Singapore, Sept 04, 2013 (Menafn – ACN Newswire via COMTEX) –Old rules no longer apply as luxury consumers and preferences change.

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CEO Talk | Angela Ahrendts on Burberry's Connected Culture
www.businessoffashion.com

Some of the firms that we worked with said this new luxury consumer will be 25 years younger than the traditional Western luxury customer. So we made the decision, very early on, that we were going to target a millennial consumer. This whole ecosystem …

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Emerging currency rout to squeeze European profits on consumer staples
uk.reuters.com

Emerging market consumers are not likely to be uniformly affected, however. Luxury names like LVMH and Burberry should find the spending power of their affluent customers among the least affected, with currency controls in countries such as China also …

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Stitched up over unusable Coats Crafts crochet pattern
www.theguardian.com

In anticipation of my silver wedding anniversary, I treated myself to some luxury speciality yarn from a company called SMC with which to make a special accessory for our celebrations. The design was an easy crochet scarf that I should have been able …

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China retailers don't buy signs of recovery
www.cnbc.com

A Reuters review of first-half earnings showed that more than 20 Chinese companies selling everything from footwear to food were not convinced the economic slowdown had bottomed out, and neither were their traditionally thrifty customers. "The reality …

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Euro-Area Manufacturing Expands on Surge in Italy, Spain
www.businessweek.com

Daimler AG's Mercedes-Benz brand, the world's third-biggest luxury carmaker, produced more vehicles than ever before in the first half. Photographer: Guenter … economy emerge from recession this year. “Looking ahead, the hope for manufacturers is …

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Toyota's Lexus opens luxury stores
www.journalgazette.net

TOKYO – Toyota's Lexus unit plans to open luxury stores offering consumers goods including coffee cups glazed with volcanic ash and Italian leather bags to help boost the premium marque's brand image worldwide. Japan's largest carmaker was scheduled …

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All Summer Gone
www.delmarvanow.com

In Maryland, Ocean City's tourism marketing has outperformed competing beach resorts that spent as much as 10 times more to advertise with the same consumers, according to the town's advertising agency. “Purely from a marketing perspective, this has …

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