Research
May 17, 2013
By Tricia Carr
Fueled by current consumption habits and key global markets, luxury goods revenues could grow as much as 50 percent faster than the global gross domestic product, according to a new report from Bain & Co.
{"ct":"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","iv":"c5854d8d5330ee25dd56ea7cfff09a09","s":"c288c7618e4dc874"}
Share your thoughts. Click here