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News briefs

Russia, the Oscars, Japan and luxury cars – News briefs

February 23, 2015

Cate Blanchett models for the Giorgio Armani Si print campaign Cate Blanchett models for the Giorgio Armani Si print campaign

 

Today in luxury marketing:

Russian luxury spending continues to tumble
Spending by Russian tourists abroad has plunged, diving 51 percent in January after falling 44 percent in December because of the rouble's freefall, according to figures released by tax-refund company Global Blue, reports Reuters.

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