The concept of luxury in food has undergone a profound transformation. Foods once considered exclusive to the wealthy—champagne, foie gras, and truffles—have become increasingly accessible. How did this shift occur? What ...
Social Sciences
Jan 7, 2025
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6
In the realm of responsible consumption, price sends a more nuanced signal than it appears. Consumption is not only about utility but also about belonging or standing apart.
Social Sciences
Jan 2, 2025
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24
About 10 years ago, while working at Badrutt's Palace Hotel in the Swiss town of St Moritz, I was shocked to learn a guest once requested an elephant be brought in to deliver a birthday gift to his wife. And the hotel made ...
Economics & Business
Dec 31, 2024
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15
In luxury, if you know, you know. Connoisseurs of high-end fashion and luxury goods may feel confident in their ability to spot a knockoff or discern the fine details of a genuine article. But does that self-assured knowledge ...
Economics & Business
Dec 11, 2024
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0
Wealth-seeking consumers must court luxury brands to convince them to grant the coveted and privileged access to specific products, called "enrichment goods," which they know will re-sell at substantially higher prices in ...
Economics & Business
Dec 6, 2024
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29
Digital technology and social media have revolutionized communication, making people more connected than ever. Yet many developed nations are struggling with loneliness and data has shown that while we have more ways to connect ...
Social Sciences
Nov 6, 2024
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15
The Asia-Pacific region is the largest consumer of personal luxury goods in the world. Asian consumers shop at home and overseas in cities like New York, Milan and Paris, contributing to the luxury industry's remarkable growth.
Social Sciences
Sep 16, 2024
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1
The study found that as perceptions of income inequality increased, consumers value counterfeit luxury products for their "egalitarian value," a worth associated with the fake goods' perceived ability to restore equality ...
Social Sciences
Jul 23, 2024
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1
A skeleton lies exposed to the elements as turquoise Caribbean waters lap the shores near a shattered tomb—a grisly reminder that the Colombian city of Cartagena is slowly being swallowed by the sea.
Environment
Mar 13, 2024
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27
Vietnam's Ha Long Bay is losing its famous turquoise hue as pollution and over-development threaten its wildlife and picture-perfect image.
Environment
Dec 28, 2023
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