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Abercrombie & Fitch, Brand, Burberry, Coach, Customer Experience, Customer Service, Gucci, Luxury, Luxury Brand, Luxury Fashion, Luxury Retail, Luxury; Handbags, Michael Kors, Price, Value Selling
Luxury has been defined as something that is pleasant to have or experience, but is not a necessity. The concepts of exclusivity and rarity can also factor into the definition of luxury. Value, on the other hand, is determined by the relation of price to perceived benefit. But if luxury is not a necessity, then how do we determine its value? Continue reading