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25pc of fashion brands’ customers are luxury newcomers: American Express

Posted ByTricia CarrOn In Featured,Industry sectors,Marketing,News,Research | No Comments

 

By Tricia Carr

VIENNA, Austria – An executive from American Express at the FT Business of Luxury Summit 2013 shared new findings concerning a consumer segment called the luxury newcomers that, on average, makes up 25 percent of fashion brands’ customer base.