In today's world, The Luxury Institute has acquired an undisputed prominence. With the advancement of technology and globalization, The Luxury Institute has become a topic of general interest that affects people of all ages, cultures and walks of life. From its impact on society to its influence on the economy, The Luxury Institute is an issue that does not go unnoticed on a daily basis. In this article, we will explore different aspects related to The Luxury Institute, analyzing its importance, its implications and its evolution over time. Join us on this tour through the fascinating world of The Luxury Institute!
The Luxury Institute is a premium goods and services research, training and consulting firm based in New York City, New York and Boca Raton, Florida. It has the largest global network of luxury experts. It has conducted more quantitative and qualitative research on affluent consumers than any other entity. Over the last 17 years, the firm has served over 1,100 luxury and premium goods and services brands. The Luxury Institute's reports, as well as CEO Milton Pedraza, have been cited in luxury industry articles by publications including Marketing Week, The Wall Street Journal, Women's Wear Daily, and the CEOWORLD magazine.
The Luxury Institute publishes annual Luxury Brand Status Index surveys, which aggregate the brand preferences of high-net-worth individuals within various luxury market categories. In 2009, some available categories included: