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":"50aefab6da89ec41e8a898c718b7d1e6","s":"cadc2ae9d227f79b"}
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