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May 30, 2020
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Research

Affluent consumers maintain spending despite slow economy

October 25, 2010

Affluent consumers don't plan on changing spending habits

 

By Kaitlyn Bonneville

Few affluent consumers plan to change their spending habits in the future while most others intend to cut back because of the dim economic outlook, according to a recent study conducted by the American Affluence Research Center.

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  1. Harrods turfs off-season inventory to new outlet store
  2. Day's wrap: Nordstrom, Lamborghini, LEGO, Loro Piana and Le Bon Marché
  3. Swiss watchmaker IWC Schaffhausen taps Facebook Messenger chatbot for customer communications
  4. LVMH’s Le Bon Marché Rive Gauche rolls out colorful “En Couleurs!” exhibition for Parisian shoppers
  5. Lamborghini turns to LEGO for replica model of its most powerful car yet
  6. Italy’s Loro Piana gets giddy on its feet with new Rare Walk Instagram campaign
  7. Prada, extending campaign to book, asks consumers to create own acronym with brand name
  8. Ralph Lauren, Informa, NuOrder, Jaguar, Sky Documentaries, Small Luxury Hotels, IWC Schaffhausen and Facebook Messenger
  9. South Korea is bright spot for luxury in 2020
  10. All eyes on China for luxury’s recovery, but no guarantees of future success
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