Global Luxury Goods Market: Proliferation of High-End Departmental Stores to Bode Well for Market Growth
The market for luxury goods presents an amalgamation of both premium and affordable luxury goods. The rising count of high net worth individuals (HNIs) and the growing disposable incomes has boosted the demand for luxury goods. The top players dominant in the market are introducing tailor-made products keeping in mind the trends and the demands of consumers in numerous regions. The market is also involved in increased luxury products' promotion via digital platforms. The players within the market are involved...
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