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The Changing Face of Luxury
The conspicuous consumption of luxury goods in Europe is no longer the exclusive domain of wealthy European, American, and Japanese shoppers. Damaging economic downturns in these aforementioned regions...
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Luxury Landgrab
With the rise of newly affluent consumers in the Asia-Pacific capitals of Hong Kong, Seoul, Shanghai, Mumbai, and other fast-growing metropolises, ultra-luxury brands like Chanel, Louis Vuitton,...
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The Rise of Global Affluence
Until very recently, the world of luxury remained the exclusive bastion of wealthy consumers from Western Europe, America, and Japan, who not only desired the best, but also possessed the cash to...
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