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Research

Bain’s expectations for luxury market rebound overhyped, analyst claims

October 25, 2010

Consumer demand is still too low for luxury goods to facilitate a full market rebound

 

Consulting firm Bain & Co.’s declaration of a complete luxury market recovery was overstated as the United States economy is still encumbered by low consumer demand for high-end goods, according to Pam Danziger, president of Unity Marketing, Stevens, PA.

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