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Luxury Consumers

A New Warning For American Carmakers
detroit.cbslocal.com

This year's report covers customer satisfaction with 20 nameplates—both foreign and domestic—which comprise some of the most popular brands bought by U.S. consumers. After years of improvement, customer satisfaction overall fell 1.2 percent. “I think …

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High-end retailers stung by sluggish sales
www.theglobeandmail.com

“Global headlines will likely create volatility in near-term trading of luxury stocks given limited visibility surrounding high-end consumer spending,” Laura Champine, retail analyst at Canaccord Genuity, said in a recent report. “Sharp movements in …

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Times are changing for luxury watch brands
www.campaignasia.com

“Chinese brands, even those considered 'heritage' brands, have introduced several models aimed at luxury consumers, but they have consistently fallen flat,” says Emma Li, research and advisory lead at L2, a think tank for digital innovation. The top 10 …

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Classic Indian motorcycles back on road with new model
www.usatoday.com

He hops on and tests the sleek Indian motorcycles that Polaris Industries will roll from its northwest Iowa plant to consumers next month. Polaris' revival of the 1901 iconic motorcycle — with classic styling and high-powered engineering — is …

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7 unexpected oddities in the luxury market
www.marketwatch.com

And according to Nick Colas, chief market strategist at ConvergEx Group, the super rich are evolving into a class of consumers creating a luxury market that's “not your father's luxury market, unless your father is a senior Chinese Communist Party …

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Toyota's Lexus to open luxury stores
www.guelphmercury.com

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 will open its …

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Chinese Consumers Step Back, Pinching Firms
online.wsj.com

BEIJING—Companies as diverse as retailers and gadget makers are reporting weakened results from China, as the economic slowdown there blunts Beijing's drive to make the nation's consumers a bigger driver of growth. Last month, Canon Inc. cut the …

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Turnberry Isle Miami targets male travelers with $100K golf package
www.luxurydaily.com

Luxury golf resort Turnberry Isle Miami is aiming to entice large groups of male travelers with an “Ultimate Guys' Golf Weekend” package that is priced at $100,000. The resort encourages consumers to come in groups of 20, which rounds the price to $5 …

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Tesla begins selling the Model S in China
money.cnn.com

The Model S should appeal to Chinese luxury consumers' tastes for distinctive, high-tech products, said Tim Dunne, an analyst with J.D. Power and Associates. Chinese consumers, especially wealthy ones, tend to want show off the latest technology.

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