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News briefs

UK luxury laundering, women’s watches, Saks Mexico and credit – News briefs

November 24, 2015

Cara Delevingne for Tag Heuer Cara Delevingne for Tag Heuer

 

Today in luxury marketing:

UK luxury sector targeted over money laundering
Luxury goods retailers selling high-end cars, boats, private jets, art, antiques and jewelry are being used by the corrupt to hide the illegal proceeds of crime – and to escape detection, according to research, says the Financial Times.

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