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Has the definition of luxury changed since the pandemic?

Posted ByDianna DilworthOn 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.