LuxuryLab Daily Digest

Posted by Lauren Proctor on October 1, 2009

Will Consumer Spending Change Once the Recession Ends? (Huffington Post)
Two of the big questions facing marketing managers today are: (1) when will consumers open their wallets again; and (2) will consumers behave differently when they do?

Gilt Group’s Jetsetter Takes Off (CNN Money)
Online sample-sale company tries to bring its model to luxury travel.

The Wealthy Are Cutting Back on Thoroughbreds (Wall Street Journal)
Along with yachts, private jets, mansions and Ferraris, we can now add another elite asset class that’s ailing: thoroughbred horses.

Surprise! Incomes of the Rich Are More Volatile (Wall Street Journal)
Michael Moore and others on the far left correctly point out that the wealthy captured the bulk of the economic benefits during the boom times.

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