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Nordstrom recently disappointed Wall Street when it announced a 4.1% decline in sales during its fourth quarter covering November 2022 through January 2023. It started Fiscal 2022 strong, with sales up 18.7%, then with each successive quarter, sales slowed.It followed a pattern seen widely across the luxury market and reported here. Luxury brands far and […]
Over the last three years, the luxury market has experienced a whirlwind of change. After rising 7 percent in 2019 before the pandemic, it suffered a steep decline in 2020, only to bounce back with spectacular growth through 2021 and 2022.Now the economy is under threat again with the banking crisis, rising interest rates, fluctuating […]
There’s a growing crisis in retail C-suites. Nobody wants the top job.Christine Day, who rose through the ranks at Starbucks to head its Asia-Pacific division and served five years as CEO of Lululemon where she quadrupled company revenues and more than tripled its store footprint, would be a perfect fit for any of the open […]
Amidst rising interest rates, bank failures, stock market swings and stubbornly persistent inflation, the U.S. economy is teetering dangerously close to a recession. Jerome Powell admitted that the Federal Reserve is guiding the uncertain economy by “rule-of-thumb guesswork, almost” and that the latest rate increase could easily have unintended consequences or, as he said during […]
The Research The Affluent Luxury Tracker (RTALT) is a continuous daily survey conducted among affluent and HNW consumers tracking their financial status, luxury purchase behavior, lifestyles and values. Plus on-demand Flash surveys are available to give clients immediate information and insights into their most valuable customers.The RTALT is sponsored by Chandler Mount, CEO of Washington, […]
Speaker, author, and market researcher Pamela N. Danziger is internationally recognized for her expertise on the world’s most influential consumers: the American Affluent. As founder of Unity Marketing, Pam leads with research to provide brands with actionable insights into the minds of their most profitable customers.
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