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":"705fc6e933635f273d2949277410a5d1","s":"29b87237ed169f5d"}
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