Marketing
December 18, 2017
Younger consumers tend favor experiences over things. Image credit: Luxury Institute
By Danny Parisi
While 2017 was a solid year for luxury, 2018 is projected to see slight increases to total spending, with most of the growth coming from travel-related purchases.
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","iv":"8577b069e011ed174f78e46da5489aa4","s":"cb86b961981ba124"}
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