Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Luxury brands lower prices to win back middle-class customers, who account for over half of global luxury purchases.

flag Luxury brands face the challenge of winning back middle-class customers, who collectively account for over half of global luxury purchases according to Boston Consulting Group. flag As the luxury industry focused on attracting ultra-wealthy shoppers, it neglected its middle-class base. flag Brands such as Burberry and Yves Saint Laurent are now lowering prices to regain the support of these crucial customers.

4 Articles