In general,luxury products(e.g., fine art, cars, leather goods, high fashion, and jewellery) are related to three core aspects. First, they are related to feelings and sensual experiences (Kapferer1997). Second, they go beyond the necessary (Berry1994). Third, their high price is typically...
The iLuxury Awards (International Luxury Awards) recognizes and celebrates the best Luxury Brands, Products & Services Worldwide. The award specifies only the best accolades, traversing across sectors of advertising, designs, brands, goods and services.
Janssen et al. (2014) suggested that the durability of luxury goods conveys a fit between sustainable use of resources and luxury. While this finding implies that sustainable luxury caters to the needs of functionality-oriented luxury consumers...
goods deserve further investigation in this context [37]. By applying structural equation modeling to a sample of 585 IC followers, our study makes three important contributions to theory and practice. First, it adds to the literature on impulse buying by going beyond individual and environmental ...
2.2. Purchasing Behavior of Luxury and Masstige Consumers Previous studies in the luxury product market have predominantly examined the meaning and measurement of luxury and masstige (e.g., [3,42]), values and motives in purchasing luxury and masstige goods (e.g., [21,43,44]), determinants...
A luxury tax is a sales or transfer tax imposed only on specific goods. The products taxed are considered non-essential or are affordable only to the wealthiest consumers. The mansion tax and sin taxes both fall into the category of luxury taxes. ...
The luxury goods market is expected to grow to$392.4 billion by 2030— so it’s a lucrative niche to be in. The only problem? It also has thehighest cart abandonment rate, meaning that your luxury ecommerce website needs to do alotof work...
In this first article on the topic, we will look at location and how it contributes to a‘sense of place’through place identity. We will then go on to examine the role of the brand and the challenges for hoteliers in creating a sense of place that resonates with meaning. ...
The purchase of luxury goods is relatively exclusive, limited, and often merely hypothetical. Thus, luxury goods may be perceived as more psychologically d... J Hansen,M W?Nke - 《Journal of Economic Psychology》 被引量: 59发表: 2011年 Purchasing Luxury Goods: consumer behaviour of internationa...
The market is set for long-term growth, rooted on strong fundamentals.Capturing and amplifying the market potential will be key, as the clear convergence among luxury markets allows for further expansion. Players have the opportunity, but also the responsibility, to reinforce their meaning, while ...