Research
November 19, 2014
Armani's Fifth Avenue store
By Sarah Jones
Defying the weak GDP in Europe and Asia, luxury retailers are seeing growth in key markets this year, according to a new report by Colliers International.
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","iv":"03bbcf4d0c5f167ae49327f71b22ea96","s":"486c95f1af01748e"}
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