Luxury brands are having a hard time matching high-quality products with premium experiences, making it difficult for them to retain affluent customers, according to findings from a report by the Luxury Institute.
Customer retention is a saving grace in times of economic uncertainty since providing great experiences is what will make consumers continue buying. Personal relationships and experiences are key to this type of success.
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EgUfyhn3rV7BhXfb6l7RyesjAPgpP22vPBnaYEd15jvObLm9gey\/Q58BLpYJ4L0rvsN9aUsLKPQF5Aw2pSXTglx6wR\/rZsg34\/U5CczZG4WoSouVm7hUmZupFBumGS7X5X5\/OVwlQBol6Z7\/Tc9eDLWTHHkeg\/kMPzxNu5VBXpfk7Lhr6bzGzRUw6aNrWUitJkEwlwst43\/vEnyNqaq1c8tO7H4vRW3dDYUsERGFLTgvJt8tPhX4bbFVSiR4TkMnjyfao1yiAxOpGdkPExDsn8Lemmgqy7S6w836kgZJc3WO51s0+Dd8iV1+jnS5NmNwqLuqNAgZ3Nri2WSvvn\/FpQYxye7Cu\/hCYmIEf5wPeSQAo1W8nBADTFSDoebbZbhPRkzBM2LTlJl3PlIHuM7EVAgTDwJMaeFjiHDucWHzsLfhyb9zoz5YI3v4ujaVZrh0+SIJrUKZ8mpkzw9HtYYV\/1cr3\/58vYMNwmL6LNMs8mCfj4iWyzS7xKf86QK\/KM3YvjYd6y1icmzL6jydxEyJooTWzebz2sozx5wJes4mc0tQDiLMVuwf7Gf7cxcgd7w7idd1qHtsNx+JbxTbZfYGNa9r0cFHaNt7lDv+HBT99kC3KTMNrhMHHzFEd9cDJ06n7J9sAmFPYHM7WHL2YdfcZ4LRaMkcbMapd6iDHOg9zh8XMixaStiVq8\/\/Rw8lEEMO3HwVHSJcXmXHlkbE1mkcY62FdtSiy8jYvjdEjf0kmZEKFc8iPRwcBC0imGB6H6aS92RnG4NYtNJ4b\/aAWaC15KZgUH8o8apsusEUlF9sUyvbDLgggYRdDVCRH6a78HyK9uZD0gD3Oxo6r8N+d6Q8dpY1vejtHyvOOIBEiTWcr++rbHO089hYTFxdFId22zMdNFurjnEPgmJm976+WQJ7vuE6ZuwaO5GVCtuQo4YODn2Oov7o7rWr5vDvQyo+UryhC5GJmy7lHXITmg\/G\/vQ8qfUqN6Bizi6DRV+RWaVzB\/AdUHj2Is2FnQh5y1nPdDFEIELl53ATIpShd\/Q9l58U\/Z\/a93Kp65M3BWFsy\/u2MBYiTsMz1AxiQaKi+cZZD2N8CM\/7dGQIzsRkx4tUy0jaqOoJ6u31Q5lajDOGCUV7g4bgNFCDvnrJivztzAki9zseOr6nfVQzqpG7Q+Lu+6iHbyKv9LVSeCjezURvW13hgHa2Nrm8x1shZWEDCPhDIUdk1yvkppNXB8a5culImradIVzsAPwK4vrAAYxlr0Zb0ir8jXUhrg2EXCA+t9EwfmkXOmaWDSioyWxccKHT1G6cWrCcSKnfxH7etW9R3rnH\/59TYtvyqk3g6RR9DMp9dsjytkg48+z9BmHdjbc2t+TV5bbm2r8iH7irvrK9aoUh4cgsjQ07qV\/d8rg5eZKybUkGi6TA0NWqrxC8QI7I\/nMu3nIUGo7h6hvd\/8za0bLGyNa+FFPfj70Ni2FCICCWQGZo2wIoiK6L3xecEi24aoOD4TtNByxPpXB9ZzDyuTKGi1y5M3vCUowl1Wo0g72g3SamZsLkWceQ9NMwhERxbeG1I4\/OsFqKsfrQc0OinvaG\/R3dBOQ4BfyydJihuomKwIr2lp+ht7TrCvT\/rPcMWmwh1QAVkYwXSftMVgL56NUtwbYqbxuFha5rarKz5ms+VAdrjXQTuB6Drbte6yWwob\/UwkqJb2WDWzH5w6oSOVjWPP6fL\/tPuHmXrOGcuLUjmSztTk9fGgJecoq2ywrtALV2t5y022oSXO83HpzRheIZ80M6Pd\/xnDW0Xvqk7XADa1EJJ4aOKT5bo\/meQ3bCdclQ+MbRBMYzSwI\/LoCcOqf5q6Uk\/2Od96LAZTR4Bf5LkJJ6DPS\/UJX8e8M5QufxBpPoiKsfoBop3pxuuWYwmnscVNdjEV24TOsAJclkE4BafGNhFCX9gSyyK4VjzfK34ahiDVd4tpPGdreziakVDf48lUTyzA19b1vsFKWDGpBBjTCHLhzrQ+dUeISp2IcLdrRGwr1BtbeQTbAYM1a\/2c18P5Ko5eTeRXcRu\/6HVaTxTDk2jxxHt2x6Yhrcdp4UBRsvM+PdqMf9GPtrAz6l9IlILexKoj8yDveMpBPto7vA6Q7UxWivNrab59cgBJI4dgtjkO3iCku5zza5Xky5ECWohhhkc8j2OGo5NwcSWuGC5c83AnqFbP8OBy3BdtjJJwO5awoOQ0svEFv72zoX57hB7PObYh1D1pZQx41MKTMvBlmkgryI0S+Jj3axso3QDasgcJwqUdflxdp1tPjy8\/nGsiEWPhW3d02l1yp8CaInNduMi3PwmBYO4\/AFY1u2Wht2mC8ZplRaqVnK7qziaqyLgr2aP6k07qZnNbH3OrzDxD\/MTZPCO99xnSmfQ+cRzFNG8OwVxyfdSS2b+RNhnmh\/4K487BRsgOZ\/hQO2vFBqZyappfFDsI2\/6zDzUt6PK7VhPSkpBRITL07N6RhYOTZJwH9dyc4fL70I2ezllZHc8hCmQxvECmCmHhGIin1BgYdXWKIP\/M4HIn1h0jY5cbeFK4yRNvmkq1uGOXkQ9ZqTfUElMrDs9RhYAcWxZ4tiu8MYsNTyuTKYKSEDcqtb472hzqhifsPwm0hLf4xHzdvRZzwryjekGK7oxfdtK+ucRgkLIdArSLxmlFm\/h5m+a2wc5YtVr4CDXEEIaXrA3lRCnfwNWo4J0HPlnctPItHMKVGL28yhpWVFM0TAa4GxYUDlX36usu\/gXGtZa7m74YiKW\/v+AQedOj9ZAug+M5ZVhIdMCcJWn\/HB2CNCMa5heY2PcURdk5ad4uHUrPEpZnuroyDBykRGQM3MlV3T30dLv\/7haC7VlVLMauUOFIkish6bfIBvBWUhNIWNLeQ1QLjMxXGCAxovR8SiihZI7c8E4LNvWl1g2ToMK1N6\/JzLBzge5JObAj8tggYx1xUEGTLCuUMq26j8m719\/C5UYyf1bs8Ja2f21j7d8cpMDUV6qKKTZWYHOJsdRr4dT4ivD6IvJSj1ttyJY9NIXt03UVU4FDwQlCr42P7UTihNvbUJMRfZLREkkxLi9wzozidzssrpjgPaXdfbaN\/7rplu2QwB8L8FOnu+9MjdAK2jzff35TMqKAqnh7zRGV4d54GHDQEZ6g5JBQGaMRu+3\/G0ekUecS0ein2enjEmnPbCF\/q14jgC41gEWVliyoT4iZdcVEOrFgxBGBYlqA4PNGZdYbOUWwvgQn9W4ZQ\/uso3C9ub+X2mEp0HlQzxn8p9aTpvvaCdzabjjAiMXMdH14S19FzFYb5Lib2iM2DIjmvSYZFrWpn+Lr\/68tamlNGWd3i7VmurxLqCCzX2CuvmBqgRwPw3V0dMAn\/6Od0b5sNIWNyRPTgyyBscLr4iDdni6BIO\/Y7buzJvdw3WusYFPUouuf2FxL5MclZi4INxP\/jhVNI0ohygbxlTNFEv5Br0Qu3Cig3BlRaxgkULWEaAryqCKLBsaE3VtJ+au\/Z2U52ibiRVHE3WZcf2lL3OFcqoILC\/J\/AbJcJwpU71lbnaYamZTEsqXjYSlHmtwj3bdFUBNPaZIiX+HQKHt7YaFtk8QQKqy6ch1ldXdyAowBbd+HHKfbjyabDOb2oRd06hwVPpX+TSaYlx0Qjo6e4OMCJkL416XA6XVQFi9EkW2YeOED3pI2rqG5XbfgodXh+WtQVxl1iuryTJvWb4+USy7DZQJMGh\/GHci5A0eJtttNqzm3kK7SIXk8iGEMMreqY5EPHFTMX2jv12vmUEwnKpPcCcpCCUdw8QlnPaL9djzPwTe\/udZ+il61mlWR\/zLllVpU6qgbUpF20AVerxgcxlOE2d6+jlJWuklW40W0kgeiE0rMxbDb4+\/L857CJkPH9VkKihWC6EjVv\/60sCr03JU4EKczTTALpLvVzuymUesqWT6VcLWfMfq5Fh3SEp9S7jCZoeODaIyRyMZ6CQmdOkFMiqNXz0m2InT93TjdJrj4PUU+8iUeatNOsB2y0LYPiVJ0OC\/Z0WTUKVCljavcHyPlCHWf+Gc1iN43F7rNviRQIqYWbwUQaL5WWzPDd3lINIO0HMcLRqhsMuaIFb6wkqlqTDfKFALwpDpD881TJUZ028qKLSSNzCVLKRK8oPB2BdBK5xZsx5y3tifhEwuJi5gJQoIpGaE6RKEQTPMH7LOcn6wCMEd+","iv":"beb2fcd1bd68980275c85acdb96485a5","s":"2ed867eb36c728ba"}