NEW DELHI: French luxury brand Lacoste plans to increase its retail network up to 55 points of sales by the end of this fiscal with a focus on secondary markets and aims to double its turnover in next four years. Lacoste would continue to add 10 doors …
Participants interacted with store staff — rude or not — then rated their desire to own products by each brand. Turns out, the folks who aspired to a high-end lifestyle "reported an increased desire to own the luxury products after being treated …
May 2 (Bloomberg) — Neev Capital Managing Director Rahul Sharma discusses the impact of Russian sanctions on the luxury market on Bloomberg Television's “The Pulse.” (Source: Bloomberg). Please enable JavaScript to view the comments powered by …
Sadly, “participants who expressed an aspiration to be associated with high-end brands also reported an increased desire to own the luxury products after being treated poorly.” But rudeness scored big with consumers only “if the salesperson appeared to …
"This segment of what we call metrosexuals — those men, living in cities, making a lot of money, taking care of themselves, buying cosmetic products, buying the best brands for apparel, even wearing luxury bags — this is a growing segment." He added …
The ways in which consumers acquire and use luxury products depend on the social, cultural and economic environment, which affect perceptions of luxury brands. China is a hotbed of these moving forces. With profound recent socio-economic changes and …
This is an important element whatever the site, but luxury sites should ensure that images convey the quality of the products on offer. Video. The use of video on product pages is great for conversion, and luxury brands should make the most of this …
London-based Farfetch says it now has annual sales of $275 million and year-on-year growth of 100%, a network of 300 global boutiques with over 1,000 outlets offering 105,000 curated luxury products. Its marketplace and platform for independent …
Financiere Richemont SA, the Geneva-based luxury goods company. “It was free shipping as well,” Ham said. “You can't really argue with that.” To contact the reporter on this story: David Fickling in Sydney at [email protected]. To contact the …