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":"ba976696938fac9182676d209201398d","s":"d10f35872541e9d5"}
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