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Research

Personal luxury goods spending slows as consumer confidence drops

January 9, 2017

Image courtesy of Bicester Village; consumers are increasingly choosing experiences over things Image courtesy of Bicester Village; off-price retail is now 11 percent of total luxury sales

 

In the face of a more difficult economic climate, strategy will become the differentiating factor between winners and losers in the luxury sector, according to new research from Bain.

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