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":"800dc52df30871ee467cca0f74732b1b","s":"64fce372adccafdf"}
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