Retail
January 18, 2018
Affluent consumers commonly trade up and trade down their purchases. Image source Rolls-Royce
By Danny Parisi
NEW YORK – Many of the problems that caused luxury growth to stagnate over the last few years are challenges largely created by the business itself instead of outside forces, according to research from Boston Consulting Group.
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","iv":"b6e0b416459cdbf4ebc677ecebb2612a","s":"a58a2154d33331b6"}
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