by Ron | Jun 2, 2009 | Affluence Research, Luxury Defined, Luxury Market & Goods, Press Releases
“Luxury is a very ambiguous word that is used very looselyâ€, according to Ron Kurtz, President of The American Affluence Research Center (AARC), which has conducted a survey that provides a new view of the luxury market and how luxury consumers define luxury. In...
by Ron | Jun 2, 2009 | Affluence Research, Luxury Defined, Luxury Market & Goods, Press Releases
For several years, luxury retail and marketing consultants have fed the media with anecdotal research about the luxury market as though the purchases of $700 Manolo Blahnik shoes, $1,000 Prada hand bags, and $250 True Religion jeans are common place among luxury...
by Ron | Jun 2, 2009 | Affluence Research, Home Purchases & Remodeling, Press Releases, Vacation Homes
The potential market for vacation homes, including full ownership and private residence and destination clubs, has declined substantially from 2007 levels, reflecting losses in net worth and a negative 12-month outlook for the economy and personal income among the...
by Ron | May 26, 2009 | Affluence Research, Automobiles, Press Releases
A record low level of new motor vehicle acquisitions by affluent consumers is suggested by the most recent survey in a series of studies that began in Spring 2002. Negative attitudes about the current economy and the economic outlook for the next 12 months are...
by Ron | May 18, 2009 | Affluence Research, Press Releases, Vacations
Record low levels of spending for both domestic and international vacation travel are suggested by the most recent survey in a series of twice-yearly studies that began in Spring 2002. Negative attitudes about the current economy and the economic outlook for the next...