Here's how supply and demand are two sides of the same coin.
Last month, BSR brought together a group of luxury brands at Paris’ Salon du Luxe conference to talk about the new rules of the game when it comes to desirability, sustainability and luxury.
In the past several years, the growth of the luxury industry has slowed, and aspirational brands such as Michael Kors and the Hoxton Hotels have disrupted the sector with different interpretations of “luxury” products and services, which offer more open and experiential approaches or less expensive products.
Whether it’s carbon emissions discussed this week in Paris, or the carbon footprint that products and services leave on the environment, people are becoming increasingly interested in how to solve the challenging environmental issues our planet is facing.
The playwright George Bernard Shaw once wrote that poverty is “the greatest of evils and the worst of crimes.” While Shaw penned those poignant words more than a century ago, the reality is that too many people still lead lives filled with hunger and hardship.