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Russia poised for a luxury turnaround in 2017: report

Image courtesy of Alena Akhmadullina Image courtesy of Alena Akhmadullina

 

Once a high-growth market for the luxury sector, Russia’s geopolitical and economic climate have deflated spending in the country, but a new report from ContactLab and Exane BNP Paribas shows the nation is set for a comeback.