South African mobile operators have pointed to import duties and taxes as some of the main contributors to unaffordable ...

Luxury items, such as big-screen televisions ... Demand is an economic concept that relates to a consumer’s desire to purchase goods and services and willingness to pay a specific price for ...

Reportedly, a Porsche dealer in Seattle put their cars on the floor of a Costco, and they sold out in a week. Affluent people love a good deal, according to Costco chair Tony James. The rich are just ...

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• Continuously innovate: Think of fragrance brand Le Labo and its personalized perfumes (often hand-blended and prepared in ...

It’s unique audiences, long purchase paths, and smart data. Learn how these brands can refine their strategy for growth.

A sharp hike in the price of luxury goods in recent years has cost some brands a key group of customers. About 50 million customers were sidelined from the luxury goods market by 2024 as prices ...

Recent years have seen the prices of luxury goods rise sharply, sidelining a critical group of shoppers—those with “aspirational” wealth, CNN reported. According to Aaron Cheris, a partner ...

Just this morning, another maker of luxury goods — Ferrari (RACE) — said it will have to respond to the tariff threat. After all, the wealthy don’t like to waste money either. “We are ...