Retail
August 15, 2016
Image courtesy of LVMH
By Jen King
Due to the resiliency of developed economies, the global market for luxury goods is expected to be valued at $374.85 billion by 2020, according to a report from Transparency Market Research.
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6Y9Nz0gShLfHQqVd+2FRYOE2tI8gUhVqCBse\/v5NlzqoTN15otK2Zsk6yYWyZNIeBuiorE0RpieUw1g+rsForf5dg+VKO8iStxt8TNt5\/CnIQS7nKroCeqYjUdL9IZzpPvXi21pvej1kwem6uWF1jXQfqimvRkzUsbFLEiIdwYqe6BZm8wSRF8XJ9qtzf9LAY6lYGxdCDl3vxo4Kp\/+P81VAH95xa0AHeiMLxW6f8kWMIwEqTHLbEANQi0lUT4F+tPEouZypANsyYM5\/Dcwgl+Wk6GJh3qNLI9g5Pzb2CFz6LAhzX4h0ab3KrWNtmSukpwgyzQzhsfE42FL5TeKZN0FPVShTCyDBPSOhg\/NbD+VggO5cjU2H+hXcrIWeDVaxjJnL7b+aaKND3WSgn\/JeeAOg9vJrKBv0YP48+803yOxWE7DR\/Q\/gzshbZqUn\/YcIYWm900myKEjiAW5C9qje4jSIVrochmQ3UkT+77TA3y3pf9fFJR5w9gGlvP1E2brTSSrTGeNDxN24P0mi0lGgOBeVTTyW4fKkQHCVNvbbyks7plUcXFDLd6ph2egKDWDcH6QMA49v8XbraJY5ywBVcn\/88CjsMpEnTHksqmEFzbQgh0bpsVHbIFjbilijulHpkXobNfd8CuXx8euuQryK0btnmQtfO9ooXWrXdPxlmTQ4T92K88\/nqB6CMFJipdqZxoYmxDzFMESpFj68dWw+YDonOFIhQ0mYTwLFqvlpjamF6HwxnRoBVbO8f6KOOlME8uhSWV7Upd6Oiylt0cZ6horc0gq622mwfVk5CkJ95TVJ4U1+4HDvIxN\/ztK9Mr8oMVxD5JeDI\/MpyDyuWEuuJLqfkayh60hSV9Fz\/qn1LwjyGbgTUePJ5cJyYe1FK4OGB5\/q1wn9H4s6mqB961432wxDMKOWgkWkJJwnZSSNVS74EkTIye35uFGufbXOPxF3MeQGLHN0Pjh4RroWVqkohtptKcsZA36u1amWY3s6tHDmqAcyXBZxai2keV9KrzYpDRu3v\/kESAS0RJHHdF0s+QbBGion3030NCMx0D74GMGiSaw9WFTIPs1XNYCPxEdjw1hbv8BeaFWbyZ3nnJYvuR9QFtw4tIqYC3wJMJV3tIz1EBRsOITNbbaSGlMqxEU+RV0y+i4lqLx7DPdv54VDgxK1VdHbmw246MZBP7pskIYx9v4KKG50I8Paq2t+P2IEz3BBdVt660KPz3FcHOQJEmfKe7cmYGSFWjfSzM8FHtipyTpU\/5WoVC053BD3uZMR1m3YJR\/BVJOpybnyE3LLi1fwOETFmSAzBVlctcrWtrEo3wZyIGkdC4LSX5bSB\/ul+r9qunaYgoptw0MrjyVaMYbeiK5v5dQuYndvwWF5UtpRyJF\/\/hf98A3CtvS3MDws3G6EAGeHIQ\/D7WY+gYPtq1T8jOEGGAI\/bWVEgU9e16i6Bv9ttR+tkA9W4T1cQYj\/jYqryKJykw24sOEyEhWeXjJ1q8XFqM5CM68FUQIJ0qNQGcPMGu0lFOCoeUUQzefuXAcr3J1EPYI5PIblotYlTfOLF2QNTFdBd\/oS4dRSuKDzA4c4C2pZqyae2GpV01jlsfrX1m9\/upCBGwJBlJ2H8jVSRe8tVQ9svnFxlmUVq3GZ4\/6sQtkwIWe9y+RjZKrYtGfNzLNpAYrhge0uF1QXvwaej6Jus7f9RO2ErNAyknHiXe4kUGpeH2UzjKRZJmJQYQ01\/JE4LxYEifanMxjT08EPs52MgMrZ7CzvWAUuEGVPNgvHFeZ7eD5b\/BjTX2BtxK5Jc2Lq4n0AAENrylBhh9s1QU3l++eJXnEkt60Z+FS2F5Am3UufjbaEddQnTMNd7Ydh6jSAAmxCSJtU\/gZHeO\/1\/Jthq9Xf98bhNQXdWIBSP4pLR31a5wu0X2iQIeakyuzujQOns+rHkthTcn2GcT8rD6v0SzWEkh0GwkH+Gw1JAa7SCsknhndAYDPjenTw1SycSq3bCUkmvTU+N5NVHifkG5xtI0cNCcJ04hFOHQwgIxJ0+znNUQHWSM4k5X7TBQ9dKXlNFvQhqBho6SFHqLFnYfacMnf+wh74bcfW0LOeGpykyEv9QPm+GTwtUC\/i5+gVBXBz75fOs6BCYLsb9mZOIWJXz2pPx6DWeBaVreDHsB7Nzo9OAq+tJ52EY7k43iufDUv\/cK2JOOZo523ILPDx32k1ZmCXX+E109SYrdqwME3n7jo4jPw2niKH5T0a6vI16VX+AeHdIIeRK60YL\/YJwLZ+9GlNtZPPRFdX6cGn9juowSM+NHZqeE654MsXCrSVI12ugFRnJpFfk+fjosoRQQpQrAObjNMWxeAtgZpVehGigbYEtUjYj8P4mp5Yfg2J+xZjLEB1npUBNgHI1KPAjIe+Y8BIlRjXEXySmf3Rfxxufy4MDJ5NDMbaekZcDxMxEgGiEUbuHjjkxmXRT0tJtG7UPPCUkNyn6eRomqpYntEJmtMYMFdCBM34ixqfVuOai9sJ2AgjJARVfgbM6kL6fN2qXowAimS9C0iKNr2+S6wRPvwry28q7F6TJcvgghshkespvmdRSAhZh9mZP3kLo4I0+xjTwGlS5cBiRuR4N2uP\/orTmNwu0876Vq\/\/rvxhyXTHioJHmZ4NNM\/6ahxDU8sAVAuL+LplVwGd3VLpyZ2Lg9\/H28u+lTtR1OpMxybNPuEnU74Hjr93fyohoo8zlXorwMkXZFUJ9ra7JxpafzTwTwSWfABoFDkPaSF6mEAbK\/cXc35q3so8WU4ZBTLUO0Rh6KODgsPORLXCgkGlxduPe70s1P3bba4PFGwXsZveKba+rFXcMdylM7v+a6volePv+O\/bSD5pvOAVg37PSObmxU66mJ30lS21D7qKf5E6ne1RG4EXB9o1mj1OcgtChOTbjsinBAhZHvYoWiwmZHdloX6UY4J3kqLki7yyUTTgjeGM3qBz1aTgQMAqzuQMAka5YJvvHs9haDnyR7KK+S2EDgmRifLqbphCaavMVwjooQZrnIDg7RJXfDJt88RPAbR\/p2vwarAjlnNP7VNspGFNhcH8FHEWnqtcG\/Mg5vzpF3yw0kf+x08jJ5yt\/yb7lNgh8ZzLUVkNEBNkF3xYwAtd3fHhrsk6xNWHRefJn2LS4nz2NPxnfNT2xDv22kXbrOiDwgxk5PRAlFr+GBnrArpl+agoslzXqQEp9HMZQR0QoJ9C4tLwd56NZFYmuEawZ4Bupon8Rj6ccAtFfTlDcb0KcGRFDfS\/6jMDZBEmCnf\/\/2ndH9eVg757BDCstRRg2w7ODDDig0BNoK3s4bVE3pmiVfpSh4qXgbBRDPL6Y7WGbtWKjImd86gRJf8WIl2iZEBrpWdJGTTtKfYx9zWbGsMcv8rTsc9XIdqc3r\/rF5gTt1qz0blPoUKrl1mzNuDVn8yfpadTzfn9wea51FJLNiT60N0q9o0n8oIdgsJ2CLQzEbygeFqLDAsRanCuFNhRNE3yw94wzFBRGIs2+Sfb0ZI0wDfBD+lEzUeNKurlv08edNSdYV803QezUpnjdhXnO61ubk3LDW9GIfcfZlnjVAayqVQzXFkRfUew6og+xXrtHKQd1VelIELnuqXCUJMJ5bgaPbF7alof5iF72XhzHGgtrEfDKDjFtI0uPlpihNch2ttM4LgTz0gLXi1hoZqGw\/lamB0v87j3UK0abQMNjtNbcEebxMAgoVNxt2HNJ86sno0E\/AqF+EYgl80dIdaxtNq8Om5kZSNJeFW3ac1ZLp2EEmS+XAs+7GlIcAaUhXfUrUJAqr4OjlHg6Lg97DReENPd4wRnwJD5jRMV+PwdRD9BQCJa1RJlMGJhPnmPJtE6NxGSLUZ\/R5UvdmoOmCUt4du8sM6Pq1g4FyArKcc3VG7dVYDHNroy7si25befrUGn+8N\/XDMTPq9TJ8kUbZuihSiMdBo8LzBG9x0Lo39LJ8m3cpnBI62eAWFRHjct40MtB83\/u7V05pkToCMUooEtyQ0BAKLyPaJMbDCpwpkA5fcJuBVIwPsDqwtvvDCzzF8BNmaOzsadIsgWwdaCqmGkYJlELTZJANi+rLTT\/SOxSe\/kqTCa9tIfG0jYlSqF8hTavPQv2NzehlrIJykJ0hW2RMT6JviSNCt1TXfdEUWo50CErVoSqtBNeeay8KMBlFZ6nINw2RIaq\/+BfPTxxXyNGHtYtlWvbw6hX6w22jxYLVwKpK5+vwwPDHchK6CAJBUZhiTGjeKtSG6WnGoWGb6jznaPV4SPNJBP7HyXimz2kcqw7MYHtotQjzpfnRr7w3ZRcbzZXHOqYqt8GqR5O089GXVvy2CJ28qzStAPn8ZKRF+3hrytS1Zau+BGViI9XfsFccgVSCpKFBJrs4BMdSRiIc7j7LLtwmehgOOp++olMqie4qKBp3xwEPwV65pUojG2+C4U5KNQLZsj8WqgsSXoUNbkqKtythS3GWqbbJzXSF4viUaIXEbZ3FNJ1\/J6MOxa6FYN99fRDRH7YZ87RGJor2\/Pwz9pAENIa3AR6Ss\/bkJyDaIL+mKuYzswHqD4ebea33ScteBgtad8eOlcIdwcD0Av\/2QeoVNWemXQSWIH9akKKXkMyEs2o0tyKJ1+LJMLzwNmTzCVHq1lqcpZxqLIRmXhkMG4aXLYrmJhWMU2qkAAS1i5GQIttYYtx3F0f8MNSrCATIqDwvJVn5EASDvCkIiHUKEwxavapHHghWSS3PZfsdyyt17Pu2VXDLKGU8s7dm2bX9zdVY55R5FP2vfknLeOPSZPx6ABAqUVZbpIM527lFYOPiMQDH8NuH5zKNlK0IF4f8+pzvIpAOx2zToEcxNKwkDbNVbNL6JNfSJ9MgXvdl0LL\/hRkyJa0mTgNdoAQL6ifZigwWMQCjeHBAoQSskg8cDilb7s6z+4hxeoI7ENjJX5OiVTf+hbc5iZ28CsPcbQz8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