Affordable luxury, on paper, has promising growth potential. The reality, however, is that the segment is likely to continue to lag. Image courtesy of Coach
“Democratic” luxury: It is not because it is affordable that it will sell
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"82a06456065ee3a429b32925ffd360c4","s":"43ec65bbeca444b3"}