Research
January 13, 2015
Editorial image from "Life in Bulgari" magazine; jewelry is expected to see strong growth through 2020
By Sarah Jones
The global luxury market is projected to be valued at $374.85 billion by 2020, according to a new report by Transparency Market Research.
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","iv":"32959650b7e4e8ec7d2ff49f21869e15","s":"c1174c919954be17"}
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