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Word: upmarket (lookup in dictionary) (lookup stats)
Dates: during 1979-1979
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Usage:

Value-conscious consumers, of course, are not the only people paying premium prices. Some upmarket shopping is strictly self-indulgent and "Me Generation" snobbery. Candy consumption is down, but status-hungry consumers are still gobbling up items like Godiva, chocolates at $12 per lb. L'Oréal hair-care products push the message to shoppers: "L'Oréal is more expensive, and I'm worth it." Still, says Lord & Taylor Chairman Joseph E. Brooks, "I do not think there will be promiscuous luxury buying of gifts...

Author: /time Magazine | Title: Business: Buyers Swing to Quality | 12/3/1979 | See Source »

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