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Your search keyword '"Luxury goods industry"' showing total 239 results
Start Over Descriptor "Luxury goods industry" Publication Type Reports
239 results on '"Luxury goods industry"'

23. Burberry Group plc SWOT Analysis.

Subjects
LUXURY goods industry
Abstract

A company profile is provided for Burberry Group plc, a designer, producer, and seller of luxury products based in London, England.

Published
2022

27. Explainer: How fashion brands can compete with Shein, Temu.

Author

Lawler, Rachel

Subjects
LUXURY goods industry, CONSUMER confidence, LUXURIES, CLOTHING industry, CONSUMERS
Abstract

The apparel industry is experiencing significant changes due to the pandemic, inflation, and the rise of online shopping. Two fast fashion disruptors, Shein and Temu, are causing much of this change. While many consumers are turning to discount retailers like Shein and Temu, the luxury fashion sector is also seeing growth. This contradictory trend, known as "polarized spending," is characterized by consumers splurging on luxury items while also shopping regularly at value fashion retailers. To compete in this tough market, fashion brands can reduce their product ranges, build strong brands, embrace their heritage, and strive to be better than their competitors. [Extracted from the article]

Published
2024

38. Conspicuous Consumption: Vehicle Purchases by Non-Prime Consumers.

Author

Wenhua Di and Yichen Su

Subjects
LOW-income consumers, CREDIT ratings, CONSPICUOUS consumption, AUTOMOBILE loans, LUXURY goods industry
Abstract

Consumers with higher income often spend more on luxury goods. As a result, lowerincome consumers who seek to increase their perceived income and social status may be motivated to purchase conspicuous luxury goods. Lower-income consumers may also desire to emulate the visible consumption displayed by their wealthier peers. Using a unique vehicle financing dataset, we find that consumers with lower credit scores value vehicle brand prestige more than average consumers. The stronger preferences for prestige lead non-prime consumers to purchase more expensive vehicles than they otherwise would have. We find evidence that the preferences for prestige are driven both by status signaling and peer emulation motives. Furthermore, we show that larger vehicle purchases financed by auto loans lead to worse loan performance and credit standing for non-prime consumers. [ABSTRACT FROM AUTHOR]

Published
2021
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41. Burberry Group plc SWOT Analysis.

Subjects
LUXURY goods industry, SWOT analysis
Abstract

A SWOT analysis of Burberry Group PLC, a producer of luxury products based in London, England, is presented.

Published
2021

50. Burberry Group plc SWOT Analysis.

Subjects
LUXURY goods industry
Abstract

A company profile of Burberry Group PLC is presented, which designs, produces and sells luxury products.

Published
2019

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