Why Luxury Brands Thrive In Recessions
发布时间 2020-05-08 19:00:11 来源
摘要
Recessions are generally terrible for both people and businesses. Oftentimes, essential businesses survive the recession while many unessential businesses close down as people cut back on things they don't need. Considering this, it would not be very surprising for luxury brands to go bankrupt and even completely shut down. However, luxury brands often thrive during recessions faring much better than most other retail businesses and miles better than the economy and stock market. Some luxury brands even manage to grow during a recession. This video explains how luxury brands feed of recessions and often come out stronger and more profitable.
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Music: Ansia Orchestra – Warlock
Link: https://youtu.be/OwDMxpelEJc
Music: Ansia Orchestra – Helden Sterben Nicht
Link: https://youtu.be/iP2lNeR-eHY
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