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Is the luxury footwear industry recession-proof?

June 19, 2012

 

By Rachel Lamb

Saks Fifth Avenue has announced that it will be expanding its footwear offerings, but even though there is an obvious boost in marketing surrounding retailers’ footwear and shoe salons, this does not mean that the industry is completely recession-proof. Or does it?

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  5. Estée Lauder Cos., Jo Malone launch AI scent advisor
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