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Aspirational consumers pull back, driving down luxury leaders US sales : Monday, 14th August 2023 : 4Hoteliers

Aspirational consumers pull back, driving down luxury leaders US sales : Monday, 14th August 2023 : 4Hoteliers
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Luxury Leaders Sales Drop In U S As Aspirational Consumers Put New Purchases On Hold

Aspirational luxury is flagging in the U.S. with LVMH, Kering and Richemont reporting sales down. However, Hermès with less exposure in accessible luxury grew.

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In Luxury, Exclusivity Means Being The Incomparable One Among Many : 4Hoteliers

The luxury business model doesn’t sit comfortably in a culture where equity and inclusion are sacrosanct because

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