Luxury brands are having a hard time matching high-quality products with premium experiences, making it difficult for them to retain affluent customers, according to findings from a report by the Luxury Institute.
Customer retention is a saving grace in times of economic uncertainty since providing great experiences is what will make consumers continue buying. Personal relationships and experiences are key to this type of success.
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t+wej42Behe5ujlRhnbk6hL6m3KwYHczNwQUEX+rviVu+41KcyP3eBCBNuyRxL6O23GjLsX9wWzSyBQlk997PMaKOhdPyW3dfXmoP93gvdaHmo18PFqsovdpl8teqbqD2rzObbGP+REOsZ+aHzEB8O3fqNwCmFZNsuyJySajygz2ei\/ghbk8spvh4229k9Py64m1MscTYp3\/9aA0uFteXlpJB5hpWyjlOxlKp\/opAKn1Y+MACUO\/2MQMqRHxJpQjgVyQD64NeelNIMzHipOyY9ljNiYmBwmQm7bMb7pVMRKja3TWCVJ9+34BedpmOt\/GpOHqN9KaSURUqhUUxlM\/uxWthbtunBXiOiLapRI+fgBmcmqqUE6ICIoQ3O8jNaPEOgfub8JoEBS8UvvZUtD7p3wZ2EBKBLX2dhHkopGSyQ\/p2aqQG8a3PvEqZczLbqwoHnDdd27U5BLXDApeu0uXGmtl7E\/mp9xtzfHmlJLorTbECWSPGaURbVeXJsfiERBK9Qxlsoo3IVsm66xVsHykOC4Zj0emdxgzIh1eDcgnvkdYiW8m\/Ng7bdRyIR5AZmMh9NQ\/WZ8iIiTMddcygVNUwM1g2\/5pPf7LxybFblOnwnZRrWT+dt6NS6SazephnP0o\/gb+jXYRbd+iUkcJ1daEGwzfrj5lDsZqg2BvQbS7NQsnOY3VSVvOGThwXHLBu+YnN83zPiXN40l5H4BD2mJZ8IMbq0+nZ+5gexK6qDWsNI4v5qvuAImZT6+rq9\/8qKLdbTiHCoKu5\/Sp33V6SqbWhM42bULeUpVA+g+SFUQt3A7UO2EFwM1sWzY7h4wpaF\/taIsq9L162IlL3mkqBbluehydAY1ZdB+2m4+h91hLOasxxy\/Ec4P3StGRurILAKSORXEAXKGQDItbirqR64PxnVw\/DI682Xrc\/zTEd7F9VtTI0+7A3Pq97R\/qPdSffzgotZPKTKMONDI+Xgvg5qAkrONecB8RjH6EALqyx4nw0UuryKu2vgThfnnyNanFDpw+kKi6Va4ttweF3ZMg93zWKQAuS8bpd7xdjni7WwG+qo11pP7qjvSsP36uLf1fjFx4jcVX9y95qYgLiXP\/u58YjlQdoj+Fy8A68Q3HyHmLAufu7IkcWY5QXJXU\/S7gs9i\/ucqdwMmxBfOKUNu5Bimd8pWrvDxndor3bMAqBD9NZe+umreyHyT8mn7HZkGp9b2N9bt5LMxK2S3qZz2+JTV3uWsjQ9A5a3T9Vs+0eHu+gAIAHRpTOUjY4ykb4BHmLs31RzyvyAnyLmVUWq3oPKjeVO0YVl46omnwKTmOuAFXuGt0yWMD0GTakCBd+s88zhRgDUgroJowyJhGke90kpOpyXBeA7ndL08Sja\/WEPygt3Y131pD12s8DUGUMsvkKDtLxtizrJicY4GrRn1JguhOlOzpdUyPdpIUfK4BvlJDW1psKEFY8\/GQnZJ2Qw1eXJ7\/+8IpNUehZ7fRKnmFOz4SOwl9EbcPSaEX+zmQa4X2oNq\/5T1mCapkLhcoRRV2AOIbZ1RMiFXkoAmC2T+mCCBCrUN4DwTP2SdU5kNl3xio6tf6188YPSpPGqR2Qp6dkqwNKh2xj\/b8t4X+Txwpuz7dpOCm5bVbCYtdoHxEQywyDYztD51bCSyxMfHhL8NZ49c9waB6boT9mB1Ogaa2StoXZz3+3yKJPxxgLhCuhd0RghsEzZ8bhglv3H0waBk7LYUOEf107XrQ0AZP7QJeqTScwKKcjDC0FlWz59yK2U8bKizfebEk+8YqgqFbUK4RIrNlv6iL7lxgznOwXRDuwq1QW\/IZU6QaRCGhUFr1IywOp94I1GiPJvK6VFosgO4yCB62T9HiDLB4G4uP10lSPUaVrfkvD+PaAaCPGtaDoqBUpolJWsWwNcKhiMUinAB6Pd7lDktaaxRi0XmJhxbVxVHO0598RFW6YlWlR6DgSkZs4yp\/yZhDA750tOilU3WkSW+quI8cJ\/MZ+cT902wP9R1PQfvdlUcS0TjEU1K1pGz9xCHFBm4QBqR6DFAey2aef4ZeyXywzpvA0NHuGHFzLZ5rWkKuDiRuK4MqUm3gIqjfYwAkEf0+Qw1\/sF1GynEpolqnq+pzBYzyvaVDoZLcOBXoyLvEHECY9cctshvzrtU06vG+Odh6v1KRqGtHemTUXnW7wc1\/6OAG6hlewyfGVypk9iYoghpFXGc64KIZ2cr615lUtPN8t9duOdis1XvbVqaS8fyDlUZuQDaailgD\/wEat7Ubn3J5e8MIX24j7LAIW3ut6GT12cEPZKjLaMGy+qnb9UKxhJ\/4DYRHUb8jmr9p80QRUu\/DmNZdi20dohnbuDe5bn1Z5qjxXiMb8QJ2Au\/nW2jCi1NbL4zCJuuGErFbTC\/O+zwhPaJ2Ktc7EuSli5DXbwKHti5ueiurXwEJOpmOv3qT+q9IBba116s\/DdFKxFmBDb+IQrr6lbMPdiRR7E+Ff8TqiSli5yaIp+Q5pY\/Yyq9uR\/esGJ3O2pAuF+N49HEmKR5zuYO2PHB1qedWJNWCdEjjg7TD7WAC3lg0L7UdhARSKpLnJ8wBb+DBh\/pg\/htrfAIAeYuHghBOaRh7NMe5vkDETO98rgEACw4OOBsX0uXHJea6x4FA\/nl0kUJ9FeCuYTPTOiQ0EXiTovadmlJC3iz1rEg6yDxBckH4+Ks3r3uclsTPb3tfOX3SEDs2rS8D1bhZOonGnh9TlQtm7TR37tH4ijqgoEycnre1Hln9SGTidqvL4HGBCBrC26CFhtbKMTjAQavGYlzNBm87FJ7h3s+vO8FdFoMiEyeiHyKdAPPN8phBigOLrJKOE53uxX3hoZGQ8jdoXU82x5HDCpwofZLw2kVQoum1gOafPGWu4cxoVvIOqaT31UWZzODBEqIiif9R+77iLUUK9eNMqNeweGLGvd01ftE9FD5OKAj7v24cWuqwYhB3h5\/Faa+C3boN+aV0v8WrmTUfC1P1ITXTKGTOr0XcnQnvIlTwqDBTgAK2xLvwKoB8dHkzFqRrV0KEJT9dCE2nuFUT1nELspGDOCR2cWz90DHXOqClPug2Qx5fLOBnAycOHoQzVHUB4KkdX5Asia6wShnPGeqsBEFXg6LYobu+9ILeEbCmLFPHmgpBnYHnRdTqbWHEBUoQ5tds0628m9FdqVwpmmMKWlrPUC34UfbAf5Z02eKyrQDzavqM2kMO4u2z5Pxk5AZ2mUguOYBCze\/5m8CkGhypl1B\/vmxpH39NjzNCJlDjc6J01Ir8iGJscl0ljVW0rNW7fjeLSdw1i7WCeGAVXS3qfHv8yCp7sWY4msGGjb7DHZ1lBUv4BfpW2OtuaoNmkgK8fjmoNZ+r6LPJ2QMrJq3UEV4dhJlXpl3ulwYbb\/6nmfWZSbILP3wj\/k\/uY+bChaFjHkU2RQCnEcLiXIQ557pJCX2dkcyiqtsdPRyHCqeNGlXhM3bL\/lpaxuJfSf1XdQqr4xQ2Rq2\/zU0dA7GjrpNL94kpCNZ0sf59koX3PIEw+ohKCiebiKjoiVjgRM1y3Ja44\/0DkzH6AaLuIKgx8UB+LTWjemr1732LL2BtZqdamxi9Zyh8CjvEJXupvs3WaTqVbSFeE7I9AB9ISveLRVMT0TKZaOh9v7l1Hnn8\/xOg\/fJ6yK5sLokaKzKuTQ3Deuxoy9YgHnAMmXW\/PUSmFBdEWE0VXYEpEsT+LnHJP4jTbZqEugsV9B2nGh65oMVVYACNfvQOYL9EPlZcfLn4dtpQvHdn30QvTRJ1AJ5m\/dZOf0lZUpiVzzuYOJG6ocnRoYNJcXUZNeyCr22xLp+fJSv7lvPjr548yObcShMId3ILS6G++lwoaqzqsUS5OFA2D+obMLdBvWFv1uA3ksXJk3Te21pwwCu+P2be\/MVn0KYC4kaBr6T36tCL63EpZW0iki7vpfr6X8vtNj0zwhheLDunqmVqY9phankKwQbYk67us8BZg0FbLh28XF86W\/aHOkYzB3M5jaqgpZZKlZxDUNeDYK9V24GkSlOyJEhLB5ZTSArzDZt8qZ\/6XdxBU7i3kQjALnzbWupXzjgAnx2B2fCLHvitjrIwTBzq2Pk+W\/tYT82rokAx2UuCNyfnQtw54KlM7iY9rToU88qqOWvQstaIh++cg8XKayEDb30uAMpMQYrAxL4Kj6qiPIvpxxq47OTkl","iv":"b1ddc19bb4536848607026f6ecc6f3f1","s":"8df3be5714ec5378"}