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As the price of dwelling disaster dominates conversations and customers face more and more troublesome selections, what does this imply for the posh business? How will luxurious customers be affected by an financial downturn and might they continue to be resilient whilst inflation soars? In new and unique analysis from Vogue Enterprise and Rakuten, greater than 1,000 luxurious trend customers within the US have been surveyed, to learn the way they’re responding to those new financial realities. This analysis investigates how customers are funding luxurious purchases; the manufacturers they’re prioritising; and the impression of macroeconomic developments on each budgets and loyalty. On this dwell dialog, Anusha Couttigane, head of advisory for Vogue Enterprise is joined by Kristen Gall, president of Rakuten Rewards, to dive deeper into the information and focus on the implications of declining financial confidence on the posh trend market.
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