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Why the middle class is chasing expensive brands, explains market expert
A market expert noted that nearly 75% of luxury spending today comes from the middle class, not due to rising incomes, but ...
'Middle class addicted to looking rich': Investment advisor warns of luxury trap via EMIs
Investment expert Abhijit Chokshi noted that luxury didn’t get cheaper in recent years. In recent years, the middle class got ...
The middle class is spending less on 'aspirational' luxury, and it's threatening a yearslong boom in the high-end market
The global luxury market contracted for the first time in 15 years in 2024, with "aspirational" consumers tightening their ...