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Woman Louis Vuitton

Luxury Brands Must Prepare For A Reset: Here’s The How And Why

Over the last three years, the luxury market has experienced a whirlwind of change. In the lead-up to the pandemic, the personal luxury goods market grew 7 percent in 2019, reaching $300 billion globally. Then in 2020, it suffered a sharp decline, dropping an unprecedented 22 percent to $235 billion, followed by a remarkable rebound […]

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Mall

Retailers Need To Get Ready For The Challenges 2019 Will Bring

Declining American consumer confidence, particularly among affluent consumers who contribute most to the retail economy, could signal a retail slowdown in 2019, and a Deloitte study finds retailers are in a weak position to absorb a decline. It’s the makings of a perfect retail storm.

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Paris, France Yellow Vest Protests

4 Global Luxury Trends Creating Turmoil for Brands

If you want to know what’s ahead for the luxury market, look no further than Paris, France. In 2017 real-estate research firm Savills named Paris the capital of luxury retail after it experienced the most luxury retail store openings in the world. But look at Paris today. It is a battleground with yellow-vested protestors in the streets. […]

Sub Zero Wolf Kitchen

How Sub-Zero Brands Meets The Needs Of High-Net-Worth Clients

People with money – people who can enjoy all the luxuries that money can buy – have a plethora of choices of how to spend it, from luxury travel and dining, the clothes and jewelry they wear, the fashion accessories they carry, and the cars they drive. But the purchase consideration for these types of […]

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millionaire

Key to Success in Marketing to Millionaires: Know Them

By any measure, the number of Americans that can claim millionaire status is rising, and rising rapidly. No matter how it is measured, whether by total net worth (including homes and other assets) or by financial assets alone, there are many more people living the life of luxury, or at the least, a life free […]