Marketing
June 10, 2021
Asian millionaires are changing their mindsets around luxury. Image credit: Agility Research & Strategy
By Sarah Ramirez
Increased financial confidence among millionaires in Asia is fueling their spending on luxury goods and experiences, according to new insights from Agility Research & Strategy.
{"ct":"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","iv":"655710ccb5ec397c9163ab77bd28fa86","s":"4f09a08b3c4d552d"}
Share your thoughts. Click here