Retail
November 6, 2017
Millennials favor experiences over things. Image credit: Luxury Institute
By Danny Parisi
While luxury goods are likely to see a bit of a slump in 2018, high-end services will witness solid growth at the behest of millennials who value experiences over things.
{"ct":"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","iv":"0d83ef8f4da46c644eebf89e0086ceff","s":"12c2ddcf7c1d3ffa"}
Share your thoughts. Click here