Tag markets
The Psychology Behind Buying Luxury Goods, the Veblen Effect and the Perception of Excellence
In a world where we are raised to venerate status symbols and equate excellence with wealth, luxury goods has ensnared our hearts and wallets at some point. The exquisite craftsmanship, the allure of exclusivity, and the unapologetic display of wealth…
The Ultra High Wealthy Fared Best In Denmark And China, And Worst In The UK
If you are supplying the Ultra High Wealthy, you already know that billionaires are bouncing back from the economic impact of COVID-19 and your luxury goods and services are in demand again. Not surprisingly, China and Denmark position at the top and the UK at the bottom with 17% fall in its UHNW population and a 20% drop net worth.