aspirational shopper

LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 

LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 
LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 
April 16, 2024  |  Retail

With the moderately well-off shopper spending differently than the high-earner, luxury brands are seeing aspirational shoppers forced to give up their favorite indulgences. Get the...

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As Inflation Tightens Wallets, Hermès Expands With Makeup to Win Consumers 
As Inflation Tightens Wallets, Hermès Expands With Makeup to Win Consumers 
October 18, 2023  |  Retail

Luxury fashion brand Hermès has broadened its offerings in the beauty sector, introducing a new line of products that includes mascara, eyeshadow, and makeup brushes. ...

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Marc Jacobs Beauty Reemerges to Cater to the Aspirational Shopper 
Marc Jacobs Beauty Reemerges to Cater to the Aspirational Shopper 
August 24, 2023  |  Retail

With the impact of inflation causing changes in consumer behavior and their preferences in extravagances, — with some opting for travel and others exploring luxury...

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The Aspiration Shopper May Be Straying From Luxury and Turning to Travel
The Aspiration Shopper May Be Straying From Luxury and Turning to Travel
August 08, 2023  |  Retail

The aspirational shopper, once a core target demographic for high-end brands, seems to be in a state of flux. As the traditional luxury market contends...

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Luxury Brands Want the Aspirational Shopper, But Not at a Discount
Luxury Brands Want the Aspirational Shopper, But Not at a Discount
August 01, 2023  |  Retail

When consumers don’t spend, retailers typically think to offer a discount. But discounts, as we all know, can become a slippery slope. What lengths will...

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