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Events / Causes

Fiscal cliff legislation may reduce aspirational luxury spend

January 3, 2013

 

By Tricia Carr

True affluent consumers are not likely to alter their spending habits on high-end goods and services after the fiscal cliff decision, but aspirational buys in the beauty, fragrance and spirits categories could be cut due to the payroll tax increase, experts agree.

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  1. Ruinart reveals annual Carte Blanche creative collaboration
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  4. Moncler returns to the slopes for Grenoble campaign
  5. Capri Holdings closes Versace divestiture
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