The group, which also owns Claudie Pierlot, operates in the so - called
affordable luxury segment.
Not exact matches
Each of the companies are expanding upon «
luxury» services previously reserved for a small
segment of the population Today, technology brings each of these services to the fingertips of anyone willing to download an app and pay for the service, which are also made more
affordable, as greater use and improved technology can bring prices down.
In the watch and jewellery
segment, a consortium of Hong Kong - based private investors bought a majority stake in
affordable luxury watch retailer Tic Tac International, valuing the company at close to US$ 100 million; Pandora acquired Spanish jewellery retailer City Time for a reported $ 110 million; and UK - based Aurum Holdings acquired US
luxury watch and jewellery retailer Mayor's Jewellers for US$ 100 million.
Within the midsize
luxury SUV
segment, Lexus is one of the more
affordable players.
The 2015 Buick Verano brings a touch of
luxury to the compact sedan
segment, but it does so at a price point that's still reasonably
affordable.
The Genesis in particular struck a chord with many buyers who appreciated the new
segment Hyundai seemingly created:
affordable luxury.
Kicking off the
affordable luxury car
segment in India, the BMW X1 has been a successful model for the company.
Since is launch in 2014, the Mercedes - Benz CLA has given more drivers an opportunity to get behind the wheel of a
luxury car, as its
affordable price point makes it the ideal vehicle for drivers looking to dip their toe into the
luxury segment.
Years later, the Chrysler 300 has found its own footing in a competitive
segment and continues to offer the
luxury drive and convenience we have come to expect at an
affordable price tag.