Survey Finds Wealthy Less Keen on Luxe Category

Posted by Lauren Proctor on September 23, 2009

As if luxury brands didn’t have enough problems coping with the global recession, they now have to battle two perceptions in the minds of the wealthiest consumers they’re banking on to lead a recovery — commoditization and declining quality. (Women’s Wear Daily)

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One Response to “Survey Finds Wealthy Less Keen on Luxe Category”

  1. fashionman said

    There are many comments in fashion forums about the quality of garments. I am eternally optimistic the fashion world will survive the recession unscathed but clearly there are some top designers coming in for criticism over the quality of their items.

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