Retail
November 6, 2017
Millennials favor experiences over things. Image credit: Luxury Institute
By Danny Parisi
While luxury goods are likely to see a bit of a slump in 2018, high-end services will witness solid growth at the behest of millennials who value experiences over things.
{"ct":"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","iv":"55bc4abc693811fb272faf066068c5f0","s":"e8ae075483c198bb"}
Share your thoughts. Click here