Conscious Consumption, rather than Conspicuous Brands. Consumers distrust the term luxury, says report
This is the ‘luxury drought” The conventional wisdom is that as people feel wealthier, they tend to spend more money
This is the ‘luxury drought” The conventional wisdom is that as people feel wealthier, they tend to spend more money
Downward shift in luxury consumer attitudes at the start of 2012 signals shift toward ‘inconspicuous’ consumption that minimizes ostentation Media