Published:
Luxury Institute Survey: Wealthy Consumers Rate Newport Brass, Hansgrohe and California Faucets the Top Luxury Bath Fixtures Brands of 2007

Wealthy consumers rated Newport Brass a solid
first place as the most prestigious luxury bath fixtures provider in the
2007 Luxury Brand Status Index (LBSI) survey from the independent New
York-based Luxury Institute (www.LuxuryInstitute.com). Hansgrohe and
California Faucets placed second and third respectively.
Wealthy owners tell why they recommend Newport Brass:
-- "Newport Brass is simply a high quality, unique product and I would
recommend it because it is very stylish and luxurious."
-- "I own it. It's really nice and unusual. People ask me where I found
my faucet handles."
-- "I have Newport Brass fixtures in two bathrooms and am very happy with
them."
"Interestingly, the results of the survey show that the winners, which
compete against many quality brands, are chosen more by customer experience
than the product itself. Our surveys show that the wealthy, as much as any
other group, embrace the referral power of the Internet. However, in a
world where so many ratings are available online, many of them dubious,
cautious wealthy consumers and luxury executives alike rely on our
impartial surveys to understand the collective voice of high net-worth
consumers," said Milton Pedraza, CEO of the Luxury Institute.
Brands rated, in alphabetical order, included: American Standard,
California Faucets, Chicago Faucets, Delta (Brizo), Eljer, Elkay, Franke,
Grohe, Hansgrohe, Jacuzzi, Kohler,
Moen, Newport Brass, Peerless, Price Pfister, Toto, and Waterworks. A
summary of this survey is available to members of the Luxury Board
(www.luxuryboard.com), the first online community for luxury professionals,
executives, and entrepreneurs.
The proprietary Luxury Brand Status Index (LBSI) survey is the only measure
of the reputation of leading brands among wealthy Americans. A national
sample of 1,600 wealthy American consumers, with an average income of $313K
and average net worth of $3.3 million, was surveyed online. Results are
weighted to match demographic and net worth profiles of the audience
according to the latest Survey of Consumer Finances from The Federal
Reserve.
About the Luxury Institute
The Luxury Institute is the uniquely independent and impartial ratings and
research institution that is the trusted and respected voice of the high
net-worth consumer. The Institute provides a portfolio of proprietary
publications and research that guides and educates high net-worth
individuals and the companies that cater to them on leading edge trends,
high net-worth consumer rankings and ratings of luxury brands, and best
practices. The Luxury Institute also operates the Luxury Board
(www.luxuryboard.com), the world's first global, membership-based online
community for luxury goods and services executives, professionals and
entrepreneurs. To reach the Luxury Institute, please call 646-792-2669 or
go to www.luxuryinstitute.com.
Copyright © 2008, MarketWire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,Lifestyle and Leisure:HomeandGarden, Retail:FurnitureandFurnishings, ,NY,NEW YORK, NY
_ _Is your favorite bookmark site missing?
Ask for it.