Luxury Consumer Ready to Spend Again Within Next Year

(This article is only available to members of The Luxury Marketing Council)

Bain & Company suggests that the luxury consumer will be ready to spend again within the next year.

Conspicuous consumption isn’t dead, it’s just on hiatus. That’s according to global consulting firm Bain & Company’s Luxury Market Update: 2012.  The report, authored by Claudia D’Arpizio, a partner based in the firm’s Milan office, is a study of 220 luxury brands, which includes