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Business

Brands must be agile to keep up with a changing consumer

Gauging consumer sentiment during “regular” times is difficult enough, but during a crisis its challenges are augmented. Companies need to adapt to manage the now and tomorrow in ever-changing circumstances. The coronavirus has upended businesses and economies but also changed consumer behaviour, and not just because of lockdowns or the...

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Retail

Luxury market continues to be bullish at 7 percent growth

Bain & Company has revealed a 7 percent growth of the global luxury market in constant currencies for 2018 at the Vogue Fashion Festival. Personal luxury items have yielded around 280 billion Euros worth of global revenue in the year. Despite earlier shockwaves to luxury stock prices ignited by daigou crackdowns in China, the global luxury...

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