Research
May 22, 2015
Steinway and Sons in the Integral House
By Joe McCarthy
Currency fluctuations drove uneven growth in the luxury market in the first quarter of 2015, according to a new report by Bain and Fondazione Altagamma.
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","iv":"6930b1461f3072f34b01b8e95469e568","s":"c240b678f963abb0"}
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