Mar 4, 2009

“Authentic” luxury handbags is back!

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Louis Vuitton handbags Economic recession so that the impact of luxury goods industry has suffered.

This point, take a look at Dior (Christian Dior handbags) or Richemont’s performance reports, or Saks, Nieman Marcus department store in empty corridor on the know. Just like the economy is not enough to combat the worst though, affluent consumers are still suffering from the alleged so-called “luxury feel any sense of guilt”, and at such a critical moment spent 5000 U.S. dollars to buy a handbag like behavior have had a guilty sense of .

Prince and Associates has recently done a survey, the real luxury (that is, those rare, produced by the real experts, only sold to a specific minority merchandise) may be a resurgence. And those really rich people of many indescribably happy.

Prince and Associates survey of 108 people who own private jets, their average net assets at 116 million U.S. dollars. The survey found 94 percent of the respondents to select the definition of luxury goods are “give their own” rather than “for the general public” (this option is the proportion of 2.8%). This result compared with last year has a lot of changes, At the time, has 37% of the people should also consider a luxury service for the mass market.

Moreover, 92 percent of respondents said that they are not guilty of a sense of luxury consumption, they say, the money they are hard earned. (These take a private plane trip extravagance of persons guilty sense is none other than the case). 73% of the respondents indicated that real luxury is the elite who has become a reward.


Prince Assoc. Prince, president (Alan Prince) said, we can see a genuine superiority of elite change. Rich people enjoy such a feeling, it is no longer a luxury that everyone can become a part of prosperity.

Prince said that the so-called mass affluent or “chase high consumption,” the decline can resume its true luxury, and that is: a small number of people to the specific selling a well-built, very few people know the identity status. Tiffany (Tiffany) decorative bracelets Although viewed as a luxury, but without explanation, its transmission is not identity information more than a mood ring.

“Luxury goods once again become a luxury,” he said, “I would like to say we are entering a renaissance time luxury.”

Of course, even the super-rich are spending. Survey most people said that they plan to reduce spending on luxury goods. But they are intended to reduce the volume of high-end purchase of merchandise is not complete is no longer a luxury touch. At least 82 percent of respondents said that they will reduce the volume of a luxury purchase, but 72% of people said that they plan to buy “more upscale” things.

In other words, if you are Hermes (Hermes) or Louis Vuitton (LVMH), then, in the coming months, your business will be more than Singlong Burberry handbags or Coach handbags.

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1 comment:

  1. very informational... educative as well, i read and felt like reading over and over again....good job!

    ReplyDelete