Affordable luxury, on paper, has promising growth potential. The reality, however, is that the segment is likely to continue to lag. Image courtesy of Coach
“Democratic” luxury: It is not because it is affordable that it will sell
Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No 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1u4DySvV9V8SVsa6UxlSoszmXnL5XvHjjkbGirtmA6YJ1o\/WxMOeWoNiztMcYG4KHv4z2G2nik7682vMWL9\/RrAg4OB58BXLD+1xM+QUCaY4\/ME4i2VtdH4BJvFDyodk\/WcZ5aGxm3j8HnxLa1kIXvfZT9ELmzYzK0lp52DbNN9k\/vZgocuzS8ej59JFXncAfnIFcGZbrQA3p4pJbXN5ogACmUSonZNvfjLOJ8KwqS1ErVS5HwvFW7jZBzDVvE550Ax4au367CFB2yhC\/6EyhPrEobvbQSVuWAwJ0YOIuRQD7KA4UeP\/\/7UekVQPMXPJvw4gpAZT\/Yr4tkSeU+hn1D9lfISGsJkjuUGoOq2I4wBz9tsMfJna6yaelqZm53gPWjveGUXZ36H8XATVoFoHM9vPdcHThi24aCo\/X+YQ6LcKLzI\/rRtpDNz7Q2S9TQ8mKO1RNNgh4kiZJ79+k6l8Kilg6npal6aNqI0h2+DfYFuKOgSTrRHzYjbZKkksdzuJV5ATybwsXm2aSg4KB5ZZaPuQDdvCDQEuUlZHNBj1+eZqGo+o1phkSwA7xttpaX12fSMk+Nc1nu\/jiVg3nqXL01bFcRdyh+LR3MohXCTwJLdMXGABTcISuoDzP9j7MsLHSUlZJfpN2IsrDyKEWzy46nuqvE9XmPra1bebYN\/BQzmNqM5gOhjbvNPWwrVQ89WBV2GTH+Bkm8mHNOE208mxOa9OUQ4hd4i0b6o09Wl4UZ6FMcmnmZR4EJwExyVPrio+0nL835ousM8pt+WoZVcrSB116RY61nkfvxDYHcsw0o05eyfUbn0WnEi8pjD524Uf4lj0WAAwHTP+\/gLfVn7Q2J\/KQYnPh2rt1RG2eTR2lbiVXobN5kJAzr4FsIvpUEpaWmhApof7qvk0OYvZKqo5AKsWWgksaLja1al9D\/jugGM1uTIkQky6ejk2fsQeDiV9t6hQyrKmGwrvJC\/nWUDdjWB88oiKmSU5944yilsTB80ODaWRbcPN5bL6QIfCKdPf86mVbfonVG2+wYgUn5s0wm02oBWymUvGsyS0e9eOBbpbgwki4pYBMCOxUHdzUu41R+3RYh\/M2qk1P1\/NulpPMQBvgUjRWCBBf0wOwBM+18W\/zxhCOqsV6HCrMicC8D1hHzmlsWgPZw\/MqMgqUmP\/J69rDOH+YTelGmf1DKz4OMroRxbwaIfNFlOdAfetPc5mzxGhSC+nlYFCPfoKcc77YdUQjJp+RCnkqdTKER1oE8IDnjooIV9d8D9VNkfXiEJ7eBzqxXJzZCzB0ZQfavB3hxZvSYJbDTVE04Temqp0h+esUfyXsaOSyzvHa20w5ucHS0FeZTSeZ7lud8FztMcz4HC5\/0G+bUrTg6ET4YdQNDrDGGjUgqQbBXC8Xq3DxqN2W4mTI7kYfdFIHWbmT\/jwtM\/qvGJUiSytBYcbHAYzqhcJPWo\/O4ouImmbCe2e5eZHFFeA\/AbvWLYCyRqFFhbve3UB9\/CNg81U0tlfaAVRyZ06Io4v5zO7CIes5fzV1a+F\/JmirLunyEPUyd73WbgYuMHN77ut2jVj3jtVJR4mip45P4gtoiJN7z0Xix6xPlCOY9rc5gBeWlZ0att7lNUy1FqQM462gvx6QLcUE7o31JxV68YoywDqG+\/jsUp+lk+nc5NRPBqhjYiBBg1DzSW8JwCv1ZGABQ0Y5XGvJYtSTo77bqeWau3\/9A0QHeob5xghTQuWyjaik8iOhcqwl9gRQy8bq+LwCGnwqcKJ7GTAQdlRTHa\/JBgOB7RW7V02O+2xQGCPaUTY4ZH6p\/4mQplpBmIvofzL04MxzB2AQceKEkMXjKr9A70wNEpmyOg37m0d3Q+GxAPjCpCAW4fYysi\/gyN21SCSvNGVSwu\/YD6BI67PdEl1am1PT35SJvx2ta8ut+iXRd9e+7W0F2M83AMNkUQNzVxaDpla9G0EoJdY\/q2BtXl2C0dG+Oi24lNbW3jZNhLDYq+i3qCh+yp8EMR\/1mU\/f4+r09bpq5pOxOxRR4sA\/BuokJWxragAGYKqfTHkyUS6SZODHkafoFpKoGk3iZKTaYgYa4O6T0XHqanNMm5IsERzuKtnOO1kygqn2zJGUu9TJlHby3D8+ONVHQOVLbP0VwDQnRQ+v1qXydtM1H5rJTC2\/udjrq4yDaWDj\/mDf5hLSS4WyQJUUt96KGDADnzFsE7QL3rqg1mcH61f2p8r+PySwUlc14Njmj0ACW6LDG71\/lR\/e7UkgK5W6v3HgGIPsYj6M3m\/c+7pcNCLsOpVeoCzNE222SnvxZWyC1jDhjEWr0+\/FQ4L+w9E96Jq9awi\/EpRbYePdAiO9Nutilq160KvtIJj3iURbgcVpjDPoDJ880Hk0fVddipYcRnz2K3UgJ2CQ\/kEm9qwwEIq6JYFkHgMZQEyLJLKhfULk\/wva1WRRyDC3XGXqri0Kk4kqV5J\/1JWt\/34wvO4aRHBimOwYHBOIEUZ68vmNnm1znKoXQS5Qe6+xKvUBXNWJq0GNpC74jvEpibVIM\/SKvVx321TQxPD\/svcGOk7hNbwM6S1vR7Tm5DRToRfMu+u3wPv11D+Sy5LWkwthnWyvut4w3KvMcWzKru7O79hxhP9SItyW2nnQNvKQAolvLA+lSxLrvSox7\/8esLngPQDP7jCCwfZFweauGXaM4k7fu0bnAziuzpHDqhfdPxqB1eu5yrcWe9W4inKPhY5732VIxa7vUkAJurt4Nvc8hLRFPRj0Sstgx5by1\/DaDRM5ABvNHZ5iB7KdJm1MdTUcolTDUCEx67+gSKtRNgMpYbeC6ZW9B99LomAm8ji1813urLAWf5JY99LxqjLPzh6esSYqiuwjKvQOpN6Khc4PX8VKFHgsc+p5mbnpCIy287cSJrAXBmrAHj3ugRE3Wdy8MIQzxFldJncxWndmLzhSSjAeUg3Vj\/Sb1DHJTybB9AwHyRwzJpaQjYuLc0Es1JEySc1Z5cwPfbGzM9T\/fYVQGi09cwGv834e8gOIpEZIr2HPl6U60lHnBoXsg6fLYtXVerEUcT9ySAC+lYxiD3xKQJ1d5TJlfJnLdk8V+\/+tqbYM8bO2VkTliXF6ZwfjPB\/NGzjbzRx4VbOA1GrtVPoGH2rvSDMEITG8WpTjLde+B1s7uabnW71Xqk3ijGZeIkIupoto5meiaHbA1kzHWv4P2badyHHXMezboXu9Xo+PLdKUetXSP5VsZY3Rbr9RNFWadmxIcAaMFvHoAP4B6ctEe6vyWyZZ\/JoMGuQivcCWRrxS\/mlZyB1uA3pRCZiwaUvCwWflt9yVdwMpZ+JMtsJIZdNSb9lvTN7Xa46V2pgOvPkgx3WkabSsXy0S5MwDrzPUoVsFI4FKk\/+4hgInK+Utzi6a1XdLCDnXrfsSe2l8KyUjZv8dbumxJ4xDkx9\/wU7yynbQLgOnl4KpM6Q+8v9BJLoUteX7vF88vS8ZL4jdrxYdCLeROF1VD1\/pFsDKi2qkqmt48P+lXdJ1vo+ZSQWqNpgFdUUUftVG2jRLA27TjgtGAQAAfUI7st7xROqHRwvdZAOviiND2cN7+apfBQ\/HlHS5mBDAf2GzD4gLvfZdf5aVk8oOBDMnkaxzmXBmnYQ2v3iouu4jYgv1Esx24nodM1ziwGyi\/\/9voeORE1bA\/LRk9vZHHOPyRLQzpJawVzowA9jJghL8gZgEEnWUUlcARjJJrv34Tm92z5VlrGcqSuMPyxYqLbysAbdc+v91sSLcRMFaFy3GDe3\/BD6pxLQZx7sm3k3UDwgnLmsj10bqely5yxsKtX63OMAPkvC+KH0X2rfadr02fmRIYvnivB6C\/YAeCbJrdH6YQZG2o1U8JibPuPJAqZ2dcjUVrtWrgymfRu9Ac6LG3m7hI7ZxriQTd1sWng1F0L6oGD7ZBv2WYymYV6ydS3+xrStiB0acxy4aC2oxgC6Jz4u6PfcXdBl\/Atl+tK9jDlvzWx8B9+B35yuyAztQfEBl5geBkhw6a5khUiFHpTxRXxRUWuasFgf1oIZyejC4pR2Rv7nysuBLs+6sxaLdNirqsc56QujrHCFi0sdAu3ro5tQp4UYHyiKB91HmqreKO1NKJ6joshM8gfHZti3uUoCjUnqUVzY0EHczQsg1TwbYMUwGiO4C1yrRgiVHAZomHTP9lpvqliH8BCuDvUAGwk3sUaTdIoe5xuvvQmfbCpZ0cmndgO0OYFYcBgYIIWt9hrdzsRvIdiZOWSKAUEMVXZxZUEexIXL5Qg1XxQqntJZuAC7\/MAQff3j6aVZs9bChpHU84\/vbNe+shb1kuF9cgg9++TeGP0WkFVOCn7fpANwVBGNBtH1UWj4Q\/UOEm4Apsz2Ot1XLW3bAvRdLOnW4K1doE1LA29onQiRzgjEZr0mH67y4BBMjEroyOOx\/nNbHBGHjA0BE6hpsamSdhzoMQb7h73RsDMtPrWCBN3Dkf\/p26MY2S0FQSa7nJDBKdlILhkcMRuWhxk4l1SzaTIIiIFh0NoiLJdWIZlgJQk1KwLGf+qje1n6YqI3UHx9pMC77OK3BChU+Mdp5G7amQjoHosYb4Nxs9ft7iOZ8qPV7NGRhzgXR1G5vI0UuUYrmgLcV+hU\/RonJIl73+RDxvWVgcpIA5fXgabOP93Hr4HIIpHKZ6zH\/bqkfsUrHbcSEzsE9tz2MgYVvsFjGY371Hy28XCxwm9TUCs2uoSZO+52ssr5ZFEMq+E2CJzYknreYkIOe9AKTiivcI3YEkfcKpgf\/c+kMh3yUp8uzK189qmp1ddZBVdsG\/hMEoMAG+\/GuBBcSirsS+MXFfA1LRBIl7OLb7O5JEo2qUxxonncCat7hwf0ddPhgJLLGy0YGXgkdppslcmSRWO2s5TFwinOh20o9kMbM1rqZPNOvAS7xLaauEvR1AMdcqLq\/Eiv6IqWYTUNqUtNhZtxIoBauAF4mS0QQ0y9WFS9FVcnQyOXdxIjA6PGqysvx2qx+Z8zVzEcobggZOiqysFb4Z4R9HQ9DnLR53\/TTkEDMGyLTXKpA==","iv":"3c3fe0b888e3a01ca9e2b2aef2fef06d","s":"21de233122682711"}