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":"4a25d45ff3f70124b05909c96641c9ab","s":"389d27f8ca86e715"}
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