Luxury brands have begun lowering their prices to win back middle-income shoppers. As The Wall Street Journal (WSJ) reported Sunday (July 21), this move —...
After years of financial challenges (and consequent consumer cutbacks) prompting luxury merchants to focus more on shoppers with plenty of cash to burn, it seems...
The state of the aspirational shopper has remained the same since the last quarter, according to LVMH. As a refresher of the unchanged shopper, in...