Charting the Rise and Fall of the Global Luxury Goods Market
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Charting the Rise and Fall of the Global Luxury Goods Market
The Grand Complication reveals another fundamental characteristic of luxury goods: as price rises into the stratosphere, the number of units available also seems to disappear into ever-thinner air.
Hermann Simon • Confessions of the Pricing Man: How Price Affects Everything
The physical locations that survive this extended pause will likely reopen with a focus on high-touch clienteling and luxury service, where shop visits are appointment-only (or tightly controlled and restricted) and oriented around consumer experience rather than pure sales.
Adam Wray • The Shape of Post-Covid Retail
The U.S. sustainability market is projected to reach $150 billion in sales by 2021, according to Nielsen.
Business Insider • Sustainability sells: Why consumers and clothing brands alike are turning to sustainability as a guiding light
The global art market* is was a whopping c.$64bn in value as of 2018