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":"ffa16867500529a2c34ffb0204ed0dd9","s":"cbb7a0723a92abe7"}
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