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Against a backdrop brought on by the pandemic, including supply chain snags, rising inflation and on-going geopolitical turmoil, luxury brands face another challenge. The consumers who are emerging post-pandemic are coming to the luxury market with new priorities and expectations from luxury brands.“Customers tastes and interests have changed. Their attitudes toward shopping have changed. People […]
As a retailer known for rodeo wear, Boot Barn Holdings has been wrangling in its own Wall Street rodeo, trying to ride the current bull market. That chute opened at the end of March 2020, when Boot Barn was trading around $12 to $13 per share. Now it’s trading around $100.It’s had an amazing ride, […]
Bain and Company and the Italian trade association Fondazione Altagamma are out with their 2021 study of the global luxury market.Based on a preliminary assessment covering both sales in the luxury goods and experiences market in nine major categories, it reports total revenues will increase between 13% to 15% over the 2020 pandemic year to […]
For too long, pearl jewelry has been an afterthought for jewelers, a category of a few necklace strands and earrings they felt compelled to carry, but nothing to get excited about. That is starting to change.Pearls are having their fashion moment, spurred on by designers like Dolce and Gabbana, Prada, Givenchy, Dior, Versace, Miu Miu […]
Patagonia, the outdoor clothing and gear brand, has always marched to its own drummer. From its “Don’t Buy This Jacket” ad in the New York Times, using Black Friday sales not to line its pockets but to give back to environmental causes, and its self-imposed “Earth tax” which donates 1% of all sales to environmental […]
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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