Why premiumization doesn’t belong just to premium brands

Bottles of toning water from Japanese homewares brand Muji against a blue background
“These brands focus on offering a streamlined, high-quality assortment.”
Would it be an article on retail in 2025 if it didn’t start with something about cost of living? No it would not, and so, sadly, here I am, harping on about it again. In 2025, the lucky ones amongst us are having to make more considered choices about where we place our money, so we’re increasingly turning to lower-cost alternatives to manage our budgets. I say lucky, because needs still get met, mouths still get fed, and today that is an incredibly fortunate position to be in. But with this

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