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.
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","iv":"fbf10c0c0a3245ca6d0f8d20fa6a4b5a","s":"249600510fab4ffd"}
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