A Read on Luxury: Rolls-Royce
NEW YORK (TheStreet) When it comes to the luxury market, on Mad Money we have continually focused on The Gatsby Index, measuring spending among higher income consumers. Yet while some companies like Coach (COH - Get Report) have struggled with execution, ultra-luxury name Rolls-Royce talked to me about how the state of luxury in today's economy remains strong:
And check out what Rolls-Royce's lower-entry point (relatively speaking!) Ghost model is doing for the brand:
--Written by Nicole Urken in New York.
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