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Luxury Goods (luxury + goods)
Selected AbstractsConsumers' taste for rarity drives sturgeons to extinctionCONSERVATION LETTERS, Issue 5 2008Agnès Gault Abstract The international market for luxury goods puts pressure on many wildlife species, with potentially irreversible consequences for many of them. Although classical economic theory suggests that trade alone would not drive a rare species to extinction, in practice numerous species are being threatened by overexploitation. This is for example the case for sturgeons, exploited for their caviar, of which all 27 species are threatened with extinction. We performed a caviar-tasting experiment, combined with a modeling approach merging ecological theory and psychosociology. This allowed us to demonstrate that the human predisposition to place exaggerated value on rarity drives sturgeons' overexploitation, despite caviar's ever-increasing price and the imminent loss of these species. These findings suggest that this mechanism probably drives the entire market for wildlife based luxury goods. [source] Australia and the DPRK: A Sixty-Year RelationshipPACIFIC FOCUS, Issue 3 2008Leonid A. Petrov The record of relations between Australia and the Democratic People's Republic of Korea (DPRK) is one of the oddest and most checkered in diplomatic history. A short period of recognition and cultural cooperation was followed by the resurgent nuclear crisis and the drug-smuggling ship incident, which proved to be hard tests for this shaky relationship. The closure of the DPRK embassy to Australia in January 2008 once again left the public confused and the pundits guessing about the true reasons behind this quiet démarche. This paper examines the major ups and downs in the history of Australia,DPRK bilateral relations and offers some clues as to what might have been wrong in Australian policy and attitudes toward the isolated communist nation. Australian involvement in the US-led Proliferation Security Initiative and the ban on the supply of "luxury goods" to North Korea will be discussed. Interviews with serving and veteran diplomats, declassified Department of Foreign Affairs and Trade archival material and international media reports provided the basis for this research. [source] THE MARRIAGE OF ART AND COMMERCE: PHILIPPE DE LASALLE'S SUCCESS IN SILKART HISTORY, Issue 2 2005Lesley Ellis Miller Since the eighteenth century Philippe Lasalle (1723,1804) has enjoyed a reputation as the most successful designer,manufacturer,inventor in the world-renowned silk manufacturing centre of Lyons during the ancien régime. This essay proposes that it was through the conscious marriage of art and commerce that Lasalle made his fortune and arrived at his technological inventions, that his efforts at turning painterly drawings into textiles acted as the springboard for his major commercial commissions and afforded him access to the taste leaders of eighteenth-century Europe. Armed with a clear understanding of contemporary institutions and practices in academic art and textile manufacture , the Académie Royale, the Manufacture Royale des Gobelins, and the Grande Fabrique at Lyons , Lasalle drew fully on state incentives to expand upon and market ranges of French luxury goods. This proposal problematizes existing views of Lasalle who has remained largely a local hero, nicely contextualized relative to Lyons and Lyonnais activities but somewhat underestimated relative to his manipulation of other worlds. The thesis derives from detailed examination of Lasalle's known textile output from when he formed his first partnership in 1751 until he fled from Lyons at the beginning of the French Revolution. [source] The great pretenders: the magic of luxury goodsBUSINESS STRATEGY REVIEW, Issue 3 2003Bernard Catry First page of article [source] | ||||||||||