When political ideology shapes luxury buying

Political allegiance plays a critical role in the decision to buy luxury goods. New empirical research by David Dubois, associate professor of marketing at INSEAD, Jeehye Christine Kim of Hong Kong UST Business School and ...

Personality drives purchasing of luxury goods

People who are extraverted and on low incomes buy more luxury goods than their introverted peers to compensate for the experience of low financial status, finds new UCL research.

EBay calls on EU to change luxury brand rules

(AP) -- EBay Inc. called Thursday on the European Union to change antitrust rules that allow luxury manufacturers to choose who can sell their branded goods online.

New Caledonia bans shark fishing

The government of the Pacific paradise of New Caledonia said Wednesday it had decided to ban fishing of sharks, which are being decimated to feed growing demand for luxury goods.

Luxury spending is up during the pandemic

Forget the early weight gain known as the "Quarantine 15," or the surge in floppy-eared pandemic pup adoptions—the newest COVID-19 trend is all about designer duds and flashy cars, and it comes with a hefty price tag.

Chinese Daigou shoppers represent a new type of entrepreneur

The Chinese practice of Daigou—to "buy on behalf of"—has grown from a seemingly disorganized practice associated with individuals cleaning out supermarkets of baby formula to a multi-billion-dollar phenomenon according ...

iPhone faces challenge in crowded Chinese market

The iPhone's magic as China's must-have smartphone is eroding. Last year, eager buyers in Beijing waited overnight in freezing weather to buy the iPhone 4S. Pressure to get it—and the profit to be made by reselling scarce ...

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