Signal12 Jun 2014
Yummies are buying £1,000 backpacks

Not to be mistaken with yuppies, 'Yummies', is a name coined by HSBC to describe young, urban males. They have no family ties, are attached only to their iPhones, and want to be seen spending on expensive goods. Is this the demographic luxury brands should be targeting?

Yummies are buying £1,000 backpacks