Marketing
December 18, 2017
Younger consumers tend favor experiences over things. Image credit: Luxury Institute
By Danny Parisi
While 2017 was a solid year for luxury, 2018 is projected to see slight increases to total spending, with most of the growth coming from travel-related purchases.
{"ct":"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","iv":"448d473b5c4b62477f68b3198d2fd9aa","s":"5408efe9267b9c12"}
Share your thoughts. Click here