But the queen's thumbs-up is a sought-after honour for most, especially for manufacturers of luxury goods. Clothing maker Barbour has the rare privilege of holding warrants from Prince Philip (since 1972), the queen (since 1982) and Prince Charles …
The maker of $1,220 quilted polyester jackets follows both Salvatore Ferragamo SpA (SFER) and Brunello Cucinelli SpA (BC) in offering stock to the public as Asian demand for luxury goods fuels earnings growth and draws investors. Shares in Cucinelli …
Only 17.5% of respondents preferred premium or luxury goods, with the great majority (70%) now seeking out value for money purchases. In addition, they tended to prefer domestically manufactured brands over imported ones – although at the same time …
Respondents in the upper tiers were also generally found to be more emotional than their counterparts in the purchase of luxury products. Consumers in Tier 1 and 2 were most influenced by their emotional bonding with brands, with consumers in Tier 2 …
Consumers are acutely aware of quality, price and the provenance of products and services they choose to buy. According to the survey, consumers are no longer enthralled by luxury. Only 17.5 percent of respondents preferred premium or luxury goods.
The firm under the microscope this week, the British luxury goods manufacturer Burberry, is a splendid example of a long-established company which eventually spotted the potential of its brand and exploited that potential at the moment of maximum impact.
Moncler follows both Ferragamo and Brunello Cucinelli SpA (BC) in offering stock to the public as Asian demand for luxury goods fuels earnings growth and draws investors. Shares in Cucinelli, the maker of $3,195 cashmere cardigans, and Ferragamo, which …
Smartphones used to be seen as luxury products but are now more everyday items, which has contributed to the fast growth in sales in the Chinese mainland market over the past year, Wang Jun, an industry analyst with Beijing-based market consultancy …
Luxury-branded merchandise shipped into the new free-trade zone in Shanghai could stand to benefit from a reduction in red tape and speedier release of products if customs and quarantine inspection policies in the zone are changed. Routine customs and …