Consumer survey: Millennials buy jewelry and watches from retailers. Good news for the brick-and-mortar retail of watches and jewelry: Young people prefer to purchase jewelry and watches in person from specialty retailers. The majority find trust in the retailer and good service very important. These are the findings of the INHORGENTA MUNICH Trend Index … Read more
Adjusting rapidly to the advent of technology, casinos are reconfigured for millennials. Technology has transformed the industry enormously in order to draw in millennials who grew up playing video games. To lure in younger customers, the smartphones performed wonders, creating an opportunity to widen the market base. The mobile devices revolutionized the industry offering … Read more
The holiday season is a key moment for luxury customers to buy themselves something special. Demand among luxury customers for exclusive items and one-of-a-kind experiences is just as strong when choosing gifts for others as it is when shopping for themselves, according to a new study by YNAP group. The survey shows the growing importance … Read more
Millennials are the most likely to own at least 1 piece of art but least likely to spend over 500 U.S. dollars on an artwork. Millennials are almost twice as likely as Baby Boomers to say they both know something about art (63% to 34%), and almost universally agree that they appreciate art, according … Read more
“Millennials are rarely asked what they think, but they will determine our future.” Here is how Millennials see the future of flying. Millennials are hopeful that flying will become easier and cleaner in years to come. They also expect Business Aviation to become much more accessible for the Next Generation of users and for individuals … Read more
According to the World Economic Forum, “fifty percent of the world’s population is under the age of 30,” making Generation Y (also known as “Millennials”) the cohort for businesses to court if they want to maintain relevancy and increase profit in 2018 and beyond. Who are Millennials and How are They Changing the Luxury … Read more