Chinese luxury shopping behaviour

The Luxury Bank Launches a New Charitable Wing, the Luxury Foundation, With a TLB 800,000 Budget: Vows to Combat Poverty in Eastern Europe

Retrieved on: 
Wednesday, August 25, 2021

LONDON, Aug. 25, 2021 /PRNewswire/ -- The Luxury is proud to announce the launch of its new global non-profit charitable foundation, the Luxury Foundation, which took place on August 19. The foundation aims to make a difference in the lives of communities in Eastern Europe by fostering educational initiatives that overcome the cyclical impact of generational child poverty in the region.

Key Points: 
  • The Luxury Foundation has already raised 800,000 TLB from its own charitable budget alongside contributions from employees and partners.
  • The Luxury Bank has already donated 800,000 TLB ($40MM) to the foundation, enabling The Luxury Foundation to start its charitable mission immediately.
  • For more information about The Luxury Foundation and its charitable mission and educational initiatives in Eastern Europe, please visit https://luxury.foundation/ .
  • In addition to its concierge services, The Luxury brand also includes an influencer talent agency, retail, The Luxury Academy, The Luxury Bank, and The Luxury Foundation.

The Luxury Bank Launches a New Charitable Wing, the Luxury Foundation, With a TLB 800,000 Budget: Vows to Combat Poverty in Eastern Europe

Retrieved on: 
Wednesday, August 25, 2021

LONDON, Aug. 25, 2021 /PRNewswire/ -- The Luxury is proud to announce the launch of its new global non-profit charitable foundation, the Luxury Foundation, which took place on August 19. The foundation aims to make a difference in the lives of communities in Eastern Europe by fostering educational initiatives that overcome the cyclical impact of generational child poverty in the region.

Key Points: 
  • The Luxury Foundation has already raised 800,000 TLB from its own charitable budget alongside contributions from employees and partners.
  • The Luxury Bank has already donated 800,000 TLB ($40MM) to the foundation, enabling The Luxury Foundation to start its charitable mission immediately.
  • For more information about The Luxury Foundation and its charitable mission and educational initiatives in Eastern Europe, please visit https://luxury.foundation/ .
  • In addition to its concierge services, The Luxury brand also includes an influencer talent agency, retail, The Luxury Academy, The Luxury Bank, and The Luxury Foundation.

Competitor Strategies in Luxury Goods, 2021 Market Report: Focus on Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 1, 2021

The "Competitor Strategies in Luxury Goods" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Competitor Strategies in Luxury Goods" report has been added to ResearchAndMarkets.com's offering.
  • The Competitor Strategies in Luxury Goods global briefing offers an insight into the size and shape of the luxury goods industry, highlights buzz topics, emerging trends as well as pressing industry issues, their effects on luxury goods retailing in markets around the world and on the development of consumers' shopping patterns.
  • In short, it identifies the opportunity zones within luxury goods industry
    Competitor strategies across the luxury goods landscape have been evolving in recent years under the impact of digitalisation and changing consumer values.
  • This report analyses business strategies and explores key opportunities in the luxury goods space.

Where Consumers Shop for Luxury Goods, 2021 Consumer Report - Focus on Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 7, 2021

The "Where Consumers Shop for Luxury Goods" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Where Consumers Shop for Luxury Goods" report has been added to ResearchAndMarkets.com's offering.
  • The Where Consumers Shop for Luxury Goods global briefing offers an insight into the size and shape of the luxury goods industry, highlights buzz topics, emerging trends as well as pressing industry issues, their effects on luxury goods retailing in markets around the world and on the development of consumers' shopping patterns.
  • Forecasts illustrate how the market is set to change and the criteria for success.
  • In short, it identifies the opportunity zones within luxury goods industry
    Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Worldwide Luxury Resale Industry to 2025 - Players Include Vestiaire Collective, Poshmark and ThredUp - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 1, 2021

Luxury resale refers to the buying and selling of the previously-owned luxury goods.

Key Points: 
  • Luxury resale refers to the buying and selling of the previously-owned luxury goods.
  • In the past few years, the sale of the pre-owned luxury goods has been increasing very rapidly and the stigma associated with the consumption of the second-hand luxury is disappearing.
  • In contrast with the new luxury, pre-owned luxury is usually less expensive and have some traces of wear-and-tear.
  • Yet the market faces some challenges such as lack of trust in buying second-hand luxury, e-commerce fraud, lack of awareness, etc.

53% of Consumers Report Pandemic Permanently Changed Shopping Habits

Retrieved on: 
Wednesday, December 16, 2020

Most consumers (73%) report trying a new shopping behavior and one in four consumers say they will purchase a majority of their gifts from small or local businesses.

Key Points: 
  • Most consumers (73%) report trying a new shopping behavior and one in four consumers say they will purchase a majority of their gifts from small or local businesses.
  • Consumers are more open to trying new stores and brands:
    34% of consumers have used a new shopping method and 77% intend to continue.
  • Consumers are focused on personal health and affordability:
    32% of consumers said they will make choices that protect the health of themselves, and their family before anything else.
  • 12% of Gen Z consumers, and 5% of all other consumers, plan to shop brands that publicly support BLM.

Global Luxury Goods Market- Current Fashion Trend and for Maintaining High Status in Society: Infinium Global Research

Retrieved on: 
Friday, March 13, 2020

Rich students from emerging economies tend to splash the cash to buy luxury goods in the countries where they study.

Key Points: 
  • Rich students from emerging economies tend to splash the cash to buy luxury goods in the countries where they study.
  • Many of the students from emerging economies work in western host countries and they can afford to buy luxury goods.
  • The neo-rich people in developing countries tend to buy luxury goods to show off their newly acquired status in their society.
  • Their aspiration to experience the luxury of brands they dreamed to afford increases the consumption of luxury goods.

Lexus Releases Future of Luxury Report for the New Decade

Retrieved on: 
Thursday, January 23, 2020

With the start of the new decade, Lexus is sharing key findings from its most recent research on the future of luxury; specifically, what will the luxury "must have" requirements be 10 years into the future?

Key Points: 
  • With the start of the new decade, Lexus is sharing key findings from its most recent research on the future of luxury; specifically, what will the luxury "must have" requirements be 10 years into the future?
  • As a leading luxury brand, Lexus has always been curious about what those notions are and has consistently sought to anticipate luxury consumers' expectations.
  • They are the single most inherent features of luxury and are the top "must-haves" for luxury brands, according to the study findings.
  • 1*
    Indeed, looking to the future, successful luxury brands will differentiate themselves with quality experiences and service, not just quality products.

China Alcohol Luxury Report 2019: The Study Covers 61 Alcohol Brands - ResearchAndMarkets.com

Retrieved on: 
Friday, November 22, 2019

The "China: Alcohol Luxury Report 2019" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "China: Alcohol Luxury Report 2019" report has been added to ResearchAndMarkets.com's offering.
  • We will be looking at purchasing behaviour, motivations, media channels and brand preferences of highly affluent consumers when it comes to purchasing premium and luxury products and services.
  • The 2019 Luxury Study covers premium brands across the following categories:

Japan Luxury Brands Report 2019 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 13, 2019

The "Japan: Luxury Report 2019" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Japan: Luxury Report 2019" report has been added to ResearchAndMarkets.com's offering.
  • We will be looking at purchasing behaviour, motivations, media channels and brand preferences of the highly affluent consumers when it comes to purchasing premium and luxury products and services.
  • among HNW individuals who tend to buy luxury products when travelling.
  • The 2019 Luxury Study covers premium brands across the following categories: