It’s no secret that luxury brands like Hermès and Louis Vuitton make a killing selling extravagant handbags, $1,200 sneakers, and accessories with price tags that make the average person gasp. But did you know that these high-end labels can also predict economic trends? Yes, those iconic monogrammed Louis Vuitton bags and Birkin handbags may be … Read more
Online shopping was booming in popularity even before the pandemic. With companies like Amazon offering a huge range of products and a growing number of shipping options, it had become easy to get anything you needed in no time. When COVID regulations made shopping in person impossible, online shopping became the primary approach for millions … Read more
Have you ever wondered what the biggest luxury items are in the United States and how people are paying for them? You see people with expensive items all the time but nobody ever really asks how they are paying for them. It might be through investments—the stock market and Forex trading. They might have … Read more
Wealthy parents see London properties as route to private schools for their children
With technology changing the way we shop so significantly, luxury retailers will have to adapt their approach to stay relevant
Steep taxes on luxury goods in China forced Chinese shoppers to head overseas to pick up the latest fashions or other luxury items. Chinese consumers traveled also because they had a wider choice of goods available overseas. A recent survey by business research and consulting firm Frost & Sullivan quoted by AFP has predicted that … Read more