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Russian consumers, Diane von Furstenberg and Burberry – News briefs

September 17, 2012


Today in luxury marketing:

Russia hankers for luxury cars
Fueled by an economy based on Russia’s abundant natural resources, the number of households able to afford luxury goods is set to rise to 13 million by 2025 from 7 million in 2010. Such forecasts are prompting high-end carmakers to expand their presence in the country, according to Businessweek.

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