Retail
January 9, 2018
With sweeping tax reform, luxury investors are feeling confident. Image credit: Cartier
By Danny Parisi
The controversial United States tax bill passed by Congress last month has given the country’s luxury business a serious boost, according to Savigny Partners.
{"ct":"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","iv":"7d4d3d983331c2437924864d549ad8fd","s":"5badae02dc469bf4"}
Share your thoughts. Click here