Word: cartiers
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Naturally, there are conspicuous consumers buying Louis Vuitton bags and Cartier watches, but a large number of the wealthy agree with the interviewee who said, "I have a Chevrolet taste on a Mercedes income." The contemporary wealthy shopper, say the authors, is "the logic shopper" (70%) whose middle-class upbringing leads to a focus on value and due diligence before a purchase. That may explain why the retail store most likely to have been shopped in by this demographic is Target (80%). Why pay more for the same roll of toilet paper...
...only a third of the world's premium brands sell their goods online, according to a new study by consultants Forrester Research. And fully half of those eschewing web sales have no plans to change course. On the sidelines are some of the sector's biggest names, including Cartier, Versace and Rolex...
...Then there's his Cartier Foundation for Contemporary Art in Paris, a glass-walled structure that has another, free-standing glass wall set a few yards in front of it. You see the glass building behind a shimmering screen of glass that's constantly reflecting the street and sky. It's architecture as mirage...
...TIME: The director of Fondation Cartier says you've been omnipresent throughout the conception of this exhibition. Why are you so invested in this particular project...
...years. We just lived on bread and a little cheese, but it was so romantic. I imagined someday having a gallery and an atelier, and here I am. My atelier is a little hotel that overlooks Montparnasse graveyard, and my gallery is a whole floor of the Fondation Cartier. It's my world right now, the same world that was mine when...