November 15, 2007
"Bain & Co. divides the global luxury market into three parts. The first level targets the super-wealthy, and accounts for nearly one-quarter of spending. The next level represents 36% of luxury spending, and is aimed at the “aspirational market.” The remaining 40%, “accessible” luxuries, are marketed to the affluent middle-class."

Luxury for the Masses Missing Out - eMarketer