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Research

52pc of wealthy individuals purchase luxury for personal use: report

November 30, 2012

 

By Tricia Carr

The majority of U.S. adults with a household income of more than $500,000 purchase luxury products for themselves versus a family member or as a gift, according to a new report by Shullman Research Center.

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  1. Kering loops France’s Ardian into Fifth Avenue investment
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  5. What’s at the end of the catwalk? Overtime pay, lunch breaks and other worker protections
  6. Moncler returns to the slopes for Grenoble campaign
  7. Capri Holdings closes Versace divestiture
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  9. Dolce & Gabbana debuts Devotion fragrance film
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