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":"49759cc339f5664040a0a41f3d99e53b","s":"020a86ca71d327c4"}
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