"It might seem irrational that each year Americans spend over $250 billion on women's luxury products with an average woman acquiring three new handbags a year, but conspicuous consumption is actually smart for women who want to protect their …
According to the study from the University of Minnesota, women's luxury products often function as a signalling system directed at other women who pose a threat to their romantic relationships. Carlson School of Management Associate Professor Vladas …
LVMH Moët Hennessy Louis Vuitton, the world's leading luxury products group, recorded revenue of €13.7 billion in the first half 2013, an increase of 6%. Organic revenue growth was 8% compared to the same period in 2012, which itself saw strong growth.
Chinese luxury consumers are much younger than their Western counterparts and do a significant amount of online research about brands and products. "If you create a relationship with them, that relationship can be very valuable for many years," said Mr.
“We found that a woman who is wearing luxury items and designer brands is perceived to have a more devoted partner and as a result other women are less likely to flirt with him. Regardless of who actually purchased the items, other women inferred that …
Researchers from the University of Minnesota conducted five experiments featuring 649 women and found that some ladies use "conspicuous consumption," or buying luxury items, to protect their relationship. RELATED: AMERICAN MEN DON'T LIKE 'THEIR' …
Boston, MA — (SBWIRE) — 07/26/2013 — 2012 was a good year for sales of luxury goods in value terms in Italy. Even though luxury goods face lower domestic consumer demand, the industry enjoyed increasing demand from wealthy foreign tourists such as …
BUDAPEST–Hungary's Prime Minister Viktor Orban wants to retry launching a value added tax on luxury products despite the European Union turning down the proposal once already. Hungary's current 27% VAT levied on most goods and services is already …
pubId=34300080001 Women Use Luxury Products To Protect Relationships A new study from the University of Minnesota says women who buy designer bags and shoes do it to stop other women from stealing their man. GMs News WFMY 05:34 …