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Has the definition of luxury changed since the pandemic?

Posted By Dianna Dilworth On In Apparel and accessories,Arts and entertainment,Consumer packaged goods,Featured,Food and beverage,Fragrance and personal care,Home furnishings,Jewelry,Marketing,Nonprofits,Real estate,Retail,Travel and hospitality | No Comments
Covid-19 lockdown is changing how people view luxury. Image credit: NPD Group The COVID-19 lockdown is changing how people view luxury. Image credit: NPD Group

 

By Dianna Dilworth

Spending time at home to avoid the risk of serious illness or death in the age of COVID-19 likely has shifted consumers' values and their time and monetary priorities.