consumer spending
Lessons
The Luxury Illusion (Part 2)
As luxury brands post record gains, mass-market companies are trying to follow—but prestige cannot be manufactured overnight.
Lessons
The Luxury Illusion (Part 1)
While much of the consumer economy braces for a slowdown, luxury giants are reporting record profits and expansion plans.
Trending
When McDonald’s Sneezes
If McDonald’s is the economy’s mood ring, the latest results suggest a shift toward pessimism.
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