Retail
September 27, 2018
Online sales of luxury goods may triple in the next decade. Image credit: Saks Fifth Avenue
By Sarah Ramirez
NEW YORK — With ecommerce poised to be the third largest luxury market in the coming decade, retailers need to keep consumers as the focal point of their efforts, according to an executive from UBS.
{"ct":"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","iv":"7696848ab415b5a3bcb489c64900ef62","s":"0ce6c37c3d3312c8"}
Share your thoughts. Click here