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 ...

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.

Luxury consumption can fuel 'impostor syndrome' among some buyers

Purchasing luxury goods can affirm buyers' sense of status and enjoyment of items like fancy cars or fine jewelry. However, for many consumers, luxury purchases can fail to ring true, sparking feelings of inauthenticity that ...

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.

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