"Luxury Jewellery and Timepieces in Turkey" Published
Turkish consumers are increasingly aspirational. However, even for many upper-mid- to high-income consumers prefer to use consumer credit to purchase of luxury jewellery and timepieces. The widening household penetration of credit cards and growing confidence in the security of this payment method consequently boosted sales towards the end of the review period. In addition, consumers were encouraged to spend more on their credit cards towards the end of the review period thanks to lenders...
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