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>> TIFFANY & CO. Latest News

FEB 28, 2013 - Forbes

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Are Tech Toys The New Luxury Goods?

Market analysts in the United States have recently been quoted as saying that the biggest threat to the luxury industry in the US is the tech industry. This is according to an article by fellow journalist Ashley Lutz (here). Her suggestion is sound. The gist of her article is that products from Tiffany & Co. find their biggest competition not from other luxury brands but from companies like Apple. Lutz points out that luxury products are often merely for "show," while the allure behind tech products is functionality.

Tags: Are Tech Toys The New Luxury Goods?,  Tiffany & Co. Latest News