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Jan. 20, 2019
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Retail

Modern luxury has flipped the tables on who is in control

October 18, 2018

Consumers are now in control. Image credit: Penninsula

 

By Brielle Jaekel

NEW YORK – The retail business has evolved so quickly that the meaning of luxury is vastly different than it was in the past, with customers driving innovation rather than the other way around, according to an executive from jewelry startup AUrate.

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  1. Day's wrap: Tiffany, Tesla, Balmain, Reebonz, #10YearChallenge and Luxury Institute
  2. Rolls-Royce heads to the slopes for the 2019 ski season
  3. Register now: Luxury FirstLook 2019 New York Jan. 16
  4. Hermès sets off on global tour in sci-fi cartoon
  5. Build experiences, not pages: Google exec
  6. Lowered tourist spend dents Tiffany's holiday sales
  7. Nordstrom returns to the Tonys with an emphasis on fashion
  8. LVMH creates $400K design prize to cultivate young talent
  9. Millennials - Luxury Memo special report
  10. Combat discount-driven retail with exclusivity, perks
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