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Shops are having to work harder to tempt customers, who are proving savvy about bargains
So how can you continue to enjoy the luxuries life has to offer?
The rise of Middle Eastern editions out of Dubai Watch Week; the watch and jewellery industry’s sustainability efforts still leave ‘much to be desired’; watchmakers find harmony with musical partners; how traceability became the gold standard; Leonardo DiCaprio backs sustainable watch start-up; Montblanc underlines its luxury credentials
The expanding market is giving designers scope to experiment with different sizes, stones and metals
Pay growth, savings and ‘fomo’ have helped the US economy defy a gloomy backdrop
Survey for October registers biggest month-on-month drop since March 2020
Emergency cash and repayment freeze gave lenders an ‘opportunity to juice up their growth’
Sector sees increased demand and a better-organised supply
Companies are stealthily adding extra charges to the advertised prices of goods and services
Retail sales rise at annual rate of 4.1% after boost from holiday purchases, according to BRC figures
Increase of 6.6% boosts consumer spending power but fuels concern about inflationary pressures
Better than expected figures for August boost recovery hopes
Inflation and interest rates are eating into the spending power of the key demographic group, but the impact is unevenly spread
This product of intimate cultural and technological complexity is a proxy for middle-class consumer spending
High-income households rein in discretionary spending as inflation and a soft housing market take their toll
Nudges towards relentlessly positive feedback distort our ability to measure real customer experience
Price-sensitive families ‘hungry for deals’ but spending expected to fall 10% from last year
We’ve had a decade of broken hearts and bleak novels but the romcom is rising again
The rise of LVMH to become Europe’s first $500bn company illustrates the sector’s seemingly unstoppable growth
It depends on which consumers you mean, really
And Bed Bath & Beyond’s bad buybacks
There is an artisanal skill here. Just not the one we imagine
Barclays data shows 4% increase in card expenditure but points to households cutting back amid cost pressures
New vehicle prices show signs of weakening after historic rise during the pandemic
Environmentalists say unified messaging and policy are vital for behavioural change
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