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Luxury Stock

posted by Avatar topequitynews 572 days ago in Daily, Retail Sales made popular 572 days ago

Many people were surprised to see the luxury goods market hold up so well during the Great Recession and the following paltry recovery. Perhaps this is a testament to the willingness of the ultra-rich to keep spending despite the economic conditions. Of course the market did take a hit, but the best firms still managed to grow despite the slowdown.
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