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":"19e55bccf35dcd49256e5567e6f64939","s":"dea0ce55866021c0"}
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