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Why Black Luxury Buying Power Only Looks Like Wealth

  Watching Bravo’s The Real Housewives Of Atlanta provides an idea of what ultra luxury lifestyles among wealthy African Americans look like. Certainly those ladies love luxury items, products, and services. However, soon after only season one financial problems touched most of them. A recent study might provide insight into why black spending may also …

For Luxury Brands Going IPO Where Does This Leave Family History?

PARIS/ New York . Big luxury goods companies will be pressured to make acquisitions to grow even as stocks of high-end retailers and brands make deals pricey and some targets are reluctant to even listen to offers. “If I’m a Gucci or LVMH , I am confident I can do more faster with a given …