Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
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Luxury Products

Lacoste to add 10 new stores in 2014 in India
economictimes.indiatimes.com

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 …

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The Science Behind Snooty Store Employees
www.refinery29.com

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 …

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Luxury Market Faces Russia Sanctions Threat
www.bloomberg.com

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 …

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Salesperson Snobbery Pays Off, Says a New Study
www.jckonline.com

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 …

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Labels have blurred the line between luxury and designer menswear
economictimes.indiatimes.com

"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 …

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Brands need to keep up with changes in China's luxury consumption patterns
www.scmp.com

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 …

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Five great ecommerce sites from luxury brands
econsultancy.com

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 …

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London's Farfetch, The Luxury Fashion Boutique Platform, Raises $66M
techcrunch.com

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 …

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Jimmy Choos Cheaper in Sydney Show Aussie Sway: Australia Credit
www.bloomberg.com

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 …

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