Impact of Personal Orientation on Luxury-Brand Purchase Value: An International Investigation
Impact of Personal Orientation on Luxury-Brand Purchase Value: An International Investigation
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DOI:
10.1177/147078530504700403
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发表时间:
2005-01
影响因子:
3
通讯作者:
S. Tsai
中科院分区:
文献类型:
--
作者:
S. Tsai
In earlier days, luxury brands were the preserve of the privileged few, but now they have become more affordable to many more middle-market consumers. Take Britain, for instance: spending on luxuries has increased by 50% in the last decade, compared to a rise of 7% on basics (Keane & McMillan 2004). Due to this trend, luxury brands that feature premium price, prestigious name and global market play an increasingly important role in profit generation for not a few international corporations, like the Lexus automobile for Toyota, Moet & Chandon champagne for LVMH and the Montblanc fountain pen for Richemont.