Who are the HENRYs and why do you need to understand them? HENRY stands for High Earning, Not Rich Yet. HENRYs have household incomes between $100,000 and $250,000 but haven’t built wealth. Income refers to how much money comes into…
Meet the HENRYs
Tag: Luxury
Should you carry luxury brands?
Their names are familiar to most people. Even a mention of some brands can evoke feelings of wealth, status and history. Carrying luxury brands in your store has many positive benefits but can also be problematic. The decision to stock…
Cruiseship jeweller makes $4.6 million error
Even the judge says this is “A gem of a case!” In February 2013, Thomas DePrince boarded a Starboard Cruise Services Inc. ship. While on his cruise, he went into an onboard jewellery store owned and operated by Starboard and…