June 13, 2016: A new trending note at JSB market research on “Research Report on Retail Survey and Luxury Trends Market [2015-2016]” luxury brand companies are taking advantage of evolving technological and consumer demands to identify factors driving the purchase of luxury items from international locations, and also to help boost profits and remain competitive.
Summary

Retail Industry Luxury Trends Survey 2015-2016 informs about the ups and downs in the market of retail luxury products and serves, where the drivers are duty-free and discounted prices for shopping abroad. A trend noted is expansion of e-commerce product portfolios, increase in luxury items and brands, allowing customers to take advantage of technological improvements to fulfill their demands. Complete analysis of profits, international locations etc. are given. Some of the key findings are linked to brands like Louis Vuitton, Ralph Lauren, Estee Lauder, Volcom, Polo and Victorias Secret brands, Qeelin, Adidas, and more. Highlighted factors include customers purchasing preferences, spending patterns, reasons for buying branded products abroad, with data categorized by age, annual income, and gender.

Key Findings

- The majority of respondents were more likely to buy clothing from Ralph Lauren/Polo and Victorias Secret brands

- The highest percentage of respondents bought luggage and leather goods products from Tumi and Louis Vuitton

- Estee Lauder, Qeelin, and Volcom products were mostly bought from department stores in the home country (where the executives reside)

Synopsis

Conluminos Retail Industry Luxury Trends Survey 2015-2016 report examines luxury retail spending habits over the past 12 months and highlights key factors influencing customers purchasing preferences for luxury brands and the channels through which they purchase these brands. Luxury Market analyzes customer spending patterns towards luxury brand categories, the impetus behind purchasing these luxury brands, and the reasons for purchasing these brands abroad. Additionally, it provides information categorized by gender, age, and annual income.

What else does this report offer?

- Preferred channels for purchase: highlights respondents list of luxury brands purchased over the last 12 months through various channels

- Favorite luxury product range: examines respondents luxury product range purchased under selected brands

- Expenditure: analyzes average expenditure on luxury brand product categories purchased by respondents last year

Reasons To Buy

- Highlights trends that will impact luxury retail future prospects and help retail operators to realign business strategy

- Assist in the development or adjustment of business expansion plans by providing information about the popular brands, preferred sales channels, and favorite overseas locations selected by customers for purchasing luxury brands last year

For More Information: http://www.jsbmarketresearch.com/retail/r-retail-industry-luxury-trends-survey-2015-2016-221622

Related Link: Retail Industry and Luxury Market

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