Harvard's Luxury Goods Conference

If you've got a little money in your pocket and you are heading down to Target or Costco, you just might be a luxury shopper.  These are the top two favorite stores of those making $350,000 per year according to the wisdom from the Retail & Luxury Goods conference held at Harvard Business School on April 3.  Luxury shoppers tend to combine trips to discount retailers with  those to more posh shoping venues. Topics at the conference included the fate of the department store, online retailing, and the delicate art of "masstige" which sounds like a new spa treatment but actually refers to marketing luxury to the masses.  A bonus for attendees was a swag bag including a brown tote from Elie Tahari, a leather business card holder from IWC, and Bigelow beauty products.