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But the Asian economies especially are "galloping up the value chain", moving quickly to compete with rich countries on high end goods and services.
It's meant that she's pushed toward speciality items, high end goods, and designer labels.
It's meant that she's pushed towards items speciality items, high end goods, and designer labels.
Similar(55)
And where cheaper for my low-end goods than that staple of the limping British high street, Poundland [like Dollar Tree, except British!]?
But high-end goods require exclusivity.
"But it will move them toward higher-end goods.
Also, demand for high-end goods is coming back.
And they realized that most of the shops in the Fulton Street Mall were selling low-end goods, as opposed to high-end goods at discounted prices.
Only a year ago the spread of high-end goods was growing geographically and demographically.
A great e-commerce site needs both, especially if you're selling high-end goods.
Cultural and social factors also play a role in Asians' willingness to splurge on high-end goods.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com