Retail
May 2, 2017
Millennials grew up in harsh economic times and it reflects in their feelings towards luxury
By Danny Parisi
Millennials are more skeptical of luxury than other generations, and their apathy toward the industry is something that every brand must be aware of going forward.
{"ct":"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","iv":"d8c0601e2639c50bdd87218d7d76e3b0","s":"b91bb1317ee3feb8"}
Share your thoughts. Click here