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":"4120ac52ddb52bcdaaeecb1cae336371","s":"3e48bbc06deabf1a"}
Share your thoughts. Click here