Thursday, March 22, 2012

Building Luxury Brands in a Tattered Economy

Building Luxury Brands in a Tattered Economy: Summary: The difficulty of creating brand value and economic woes have a positive correlation; as economic problems increase, so does the difficulty of creating brand loyalty, especially with luxury brands. However, 2012 may be the year to buck that trend. According to Brand Finance, luxury brands have done exceptionally well at solidifying their brands.