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Research

Despite market improvement, frugality reigns among upscale consumers, study claims

October 18, 2010

Despite an improved economy, luxury spending is down for the rest of the year

 

By Kaitlyn Bonneville

Affluent consumers are six times more likely to cut back  as they are to spend more on pricey luxury products and services through the end of the year, according to the Luxury Institute.

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SCAD lands $10M jewelry program endowment
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Easter creations from pastry chef Maxime Frédéric coming to Le Café Louis Vuitton