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July 20, 2025
  1. Berluti recruits French actor Victor Belmondo
  2. Lucid teams with Uber to develop autonomous luxury taxi service
  3. Balenciaga opens boutique at Royalmount in Quebec
  4. Tod’s taps Xiao Zhan as newest brand ambassador
  5. Net-A-Porter, Mr Porter host first open-access pop-up in the Hamptons
  6. Introducing ‘Heirloomcore’
  7. David Yurman funds Louvre sculpture restoration as it makes global foray
  8. Givenchy debuts Matthew Williams-approved ambassador
  9. The 1916 Company, investor Kevin O’Leary-owned watch insurance firm Wondercare partner
  10. In new campaign, Balenciaga riffs on luxury culture
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Retail

Only 40pc of luxury goods are purchased by “true luxury” consumers: BCG

January 18, 2018

Affluent consumers commonly trade up and trade down their purchases. Image source Rolls-Royce

 

By Danny Parisi

NEW YORK – Many of the problems that caused luxury growth to stagnate over the last few years are challenges largely created by the business itself instead of outside forces, according to research from Boston Consulting Group.

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  1. Berluti recruits French actor Victor Belmondo
  2. Lucid teams with Uber to develop autonomous luxury taxi service
  3. Balenciaga opens boutique at Royalmount in Quebec
  4. Tod’s taps Xiao Zhan as newest brand ambassador
  5. Net-A-Porter, Mr Porter host first open-access pop-up in the Hamptons
  6. Introducing ‘Heirloomcore’
  7. David Yurman funds Louvre sculpture restoration as it makes global foray
  8. Givenchy debuts Matthew Williams-approved ambassador
  9. The 1916 Company, investor Kevin O’Leary-owned watch insurance firm Wondercare partner
  10. In new campaign, Balenciaga riffs on luxury culture
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