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Women are waiting to buy beauty goods, expecting to see discounted prices, reveals the Premium Market Report 2014 by Imogen Matthews Associates.
Mass-market fast fashion retailers are moving into premium high street territory as they attempt to plug into the value-driven, but aspirational desires of a growing Just Not audience.
Inviting a big-name avant-garde designer or architect to design your store is a well-trodden path for luxury brands keen to impress their cultured clientele. Prada famously created landmark trailblazing stores by Rem Koolhaas and Herzog & de Meuron, while Chanel has worked with Zaha Hadid.
Top that: High-street retailer opens premium boutique
Tatt’s the way to do it: Body paint replaces jewellery in Paris
Concierge is the buzzword of the 00s. Many large retail, travel and financial brands are now offering some form of concierge service, whether that means glorified personal shopping or full lifestyle management.