Research
October 30, 2015
Image courtesy of Michael Kors
By Forrest Cardamenis
Through growth in some major markets and contraction in others, global luxury goods surpassed $1 trillion in retail sales value for 2015, according to a new report by Bain & Co.
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","iv":"1bdeed3f6c00add0d6bd1efe1f8d5571","s":"76d37253e0db68fe"}
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