When things look bad, I always try to pause and think about everything I have in life and how lucky and blessed I am to have them. There’s no reason why businesses shouldn’t take the same approach. So despite our fear of the looming Fiscal Cliff and weak holiday sales stats, let’s look at three [...]
All posts tagged economy
The Three Silver Linings of 2012
Posted by Michelle Yue on December 27, 2012
http://mascola.com/insights/the-three-silver-linings-of-2012/
Discounting Killed the Luxury Brand
When the economy went south in late 2007, it initially impacted the lower-income demographics. As the downturn widened, it dragged down the middle class and crept toward the upper levels just a few months later. Those of us who make a living in the luxury sector fooled ourselves into believing that the brands we touch would not [...]
Posted by Chuck Mascola on January 9, 2012
http://mascola.com/insights/discounting-killed-the-luxury-brand/
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