Research
November 13, 2014
Hermès’ Elsewhere
By Joe McCarthy
The luxury space is becoming overcrowded and brands incapable of adapting to emergent market forces will falter, according to a new report by the Luxury Institute.
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","iv":"790b25ae1ce1a10690f43f459491cc22","s":"70465b9efd740447"}
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