- Luxury Label Addicts Are Getting Younger
- Almost half of Korea's luxury label addicts are now under 40, suggesting an alarming trend toward conspicuous consumption among younger people. Traditionally it has been older Koreans who indulged their taste in luxury brands once they made their fortune, but now customers in their 20s outnumber those in their 50s and 60s. One out of every five customers earns less than W30 million a year.