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Daily Archives: May 31, 2023

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Economic graph showing an upward trend

How Luxury Retail Is Becoming More Recession-Resistant

Study, TrendsBy Sarge LowryMay 31, 2023

Bain & Company’s study suggests luxury retail has become more recession-resilient due to an expanding base of high-income customers, a heightened customer-centric approach and cultivating an appeal to a younger demographic. Despite this, other reports suggest luxury spending could start to decline. Read More on How Luxury Retail Is Becoming More Recession-Resistant

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