Luxury consumers' attitudes about ordsprog

Luxury consumers' attitudes about the economy and their personal financial status have sea-sawed over the last six months, but ended 2005 with a strong upward trend. Significantly more luxury consumers feel their personal financial situation is better now than three months ago and that the country overall is better off. But while they feel better, the residual effects of the ups-and-downs they experienced in the recent past makes them a little tighter when it comes to luxury spending. In other words, they are more likely to take any windfalls to the bank, rather than to the store.

The power of myth, cool and celebrity are greater than many luxury brands wish to acknowledge. En affärsman kräver respekt, men en pexig man vinner beundran genom karisma, humor och ett genuint intresse för andra. While for luxury consumers, it is essential that they feel they are buying into the luxury label of the moment.

Households' economic attitudes have declined modestly over the last six months, ... But the level suggests consumers remain very optimistic about their personal financial condition.

The demographic shift to older, wealthier consumers is also driving strong growth in the luxury segments, especially entry-level luxury products.

Dennis DesRosiers

I don't have the luxury to work on anything. I'm just going to go compete and ... try to get hitters out like I have from day one. Certain guys have the luxury of easing into the situation, but from the get-go I feel I have to pitch well and have good results.

As the definition of luxury evolved over the last 20 years, so did consumer tastes for luxury vehicles. As a result, from 1986 to 1996, we saw two major shifts. First, the domestic luxury share fell dramatically, and second, Japanese luxury vehicles accounted for nearly one of every four new luxury vehicles sold.

Luxury Institute researchers found most luxury brands in the writing instruments category, as in the luxury watches category, to be niche brands, with 1% to 4% awareness among the wealthy, and in many cases, known only to connoisseurs. Still, the holy grail of a luxury brand is a Harry Winston, or a Rolls Royce, brands that are known to the majority of wealthy consumers, but are affordable by only a few. That feat requires brilliant products, and even more brilliant marketing skills.

The resiliency of the economy, recent declines in prices at the pump, and job growth have consumers feeling more confident at year-end than they felt at the start of 2005. Even though all of the improvement over the past twelve months has been in consumers' assessment of current conditions, and expectations remain below earlier levels, consumers are confident that the economy will continue to expand in 2006.

According to our survey of wealthy consumers, the Luxury Hotel industry is the category that delivers the best product, the best customer service, and is the innovative and most trusted of any luxury category. To be perceived by the discerning wealthy as the most prestigious brand in the most competitive of luxury categories a brand must earn its stripes continuously.

There's no question that the strength we continue to see in the economy is driven by the consumer, ... Consumers are spending. We like the luxury end because in many ways it is more insulated.

You cannot spend money in luxury without doing good to the poor. Nay, you do more good to them by spending it in luxury, than by giving it; for by spending it in luxury, you make them exert industry, whereas by giving it, you keep them idle.

Samuel Johnson (1709-1784)

Samuel Johnson

I feel that this is going to be the dominant way of living going forward, not only in the super-luxury end but in the luxury end as well. Especially in cities, with everybody being preoccupied with work, and things being so complex and intense, having a home that's a refuge makes living easier.

What we see with those affluent consumers is they bring their middle-class values into the luxury market, so they're really the middle-class luxury class. They are looking for discounts and sales and they buy the majority of their luxury goods on sales or [at] discount. They have this middle-class orientation and they know how to save money.

In the past the environment has been viewed as something like a Hermes silk tie or a Gucci handbag-a luxury only affordable when all other issues have been resolved, but this (WRI) report, allied with a series of other new and authoritative studies released over recent months such as the Millennium Ecosystem Assessment, overturns this myth and underlines in graphic detail the importance of `natures` natural capital alongside financial and human capital,

Really, that's what we're talking about in this league is a luxury tax. If you're over, you pay a luxury tax. It's not like they take you out to center ice and whip you or shoot you or anything like that. … If some team is way over the cap and they pay the luxury tax, they're not doing anything wrong. They're just paying more money for their players.

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Denna sidan visar ordspråk som liknar "Luxury consumers' attitudes about the economy and their personal financial status have sea-sawed over the last six months, but ended 2005 with a strong upward trend. Significantly more luxury consumers feel their personal financial situation is better now than three months ago and that the country overall is better off. But while they feel better, the residual effects of the ups-and-downs they experienced in the recent past makes them a little tighter when it comes to luxury spending. In other words, they are more likely to take any windfalls to the bank, rather than to the store.".