by Ron | Jan 26, 2010 | Affluence Research, Luxury Defined, Luxury Market & Goods, Press Releases
According to various retail consultants quoted in recent media publications, the current recession has average American consumers entering into a “new normal†that will be characterized by less household debt, higher personal savings, and less consumption. This...
by Ron | Jan 21, 2010 | Affluence Research, Luxury Defined, Luxury Market & Goods, Press Releases
In November 2008, Newsweek published an article stating that the American affluent population was “experiencing an unfamiliar emotion: luxury shameâ€. The article, as well as several others that have appeared in various media since then, explained that across...
by Ron | Jan 8, 2010 | Affluence Research, Entertainment & Recreation, Luxury Defined, Luxury Market & Goods, Press Releases, Travel, Vacations
Contrary to popular perception, affluent Americans do not spend lavishly on luxury hotel suites on Park Avenue. In ground breaking research on the definition of luxury and the spending habits of the wealthiest 10% of US households, respondents to a survey by the...
by Ron | Jan 8, 2010 | Affluence Research, Automobiles, Entertainment & Recreation, Luxury Defined, Luxury Market & Goods, Press Releases
Contrary to popular media hype, wealthy Americans do not spend wildly on luxury cars, opulent hotel rooms, or 4000 thread count sheets. In ground breaking research on the definition of luxury and the spending habits of the wealthiest 10% of US households, respondents...
by Ron | Jun 2, 2009 | Affluence Research, Luxury Defined, Luxury Market & Goods, Press Releases
Contrary to assertions by some luxury market and retail consultants that the current economic problems are creating longer term changes in their lifestyles and reductions in spending on luxury and conspicuous consumption by America’s luxury consumers, Ron Kurtz,...
