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Luxury climate, Valentino, retail’s future and Steinway – News briefs

Valentino fall/winter 2016 campaign Valentino fall/winter 2016 campaign

 

Today in luxury marketing:

Luxury goods have lost their shine
Hold on to your handbags. If spending on bling watches and "it" bags depends on stable markets and happy shoppers, then now is not the time to bet on sellers of luxury goods, says Bloomberg.