Research
January 21, 2016
Image from Hermesistible microsite
By Sarah Jones
NEW YORK – Luxury will continue to be a growth category for the next decade, but the driving forces behind that growth are evolving, according to a partner at BCG at Luxury FirstLook: Strategy 2016 on Jan. 20.
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","iv":"b744e31022025f528a32a4a6d7623f11","s":"b784c6352fdb6801"}
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