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Luxury spending is expected to rise by 7pc: LuxHub

Posted ByNancy BuckleyOn In Apparel and accessories,Featured,Industry sectors,Marketing,News,Research,Retail | No Comments
Affluent consumers Affluent consumers

 

By Nancy Buckley

Affluent consumers spent about $32,172, or about 21 percent of their income, on luxury products in the last year, according to a report from Havas Media Group’s LuxHub.