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May 26, 2019
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Consumer electronics

67pc of affluents now associate luxury with innovation

December 5, 2017

LG Signature OLED TV creates a picture on the wall viewing experience. Image credit: LG Signature

 

By Jen King

Nearly half of affluent consumers in the United States feel that buying a luxury good is better than going on vacation, according to a new report from LG Signature.

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  1. Giambattista Valli brings couture perspective to more consumers with H&M
  2. Moët & Chandon focuses on novelty with a Champagne vending machine
  3. L’Occitane exec: Social sign-in triggers 10pc lift in average order value
  4. Four Seasons: Engagement carries more value than number of social followers
  5. Four Seasons revamps Los Cabos' Eastern Cape
  6. Crystal Cruises entices bookings through brand-exclusive experiences
  7. Galeries Lafayette creates in-store trip planner to ease shopping
  8. Nordstrom contemplates dressing room iPads to elevate customer experience
  9. Luxury travel industry to reach $1.2B by 2020: report
  10. Men spend more on luxury, but shop the same amount as women: report
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