Is The Luxury Goods Bubble About to Burst?
Patrick Boyle On Finance
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The Future of Luxury Goods
Luxury accessories on the online retailer FarFetch rose by almost 39% between February 2020 and May 2021. Luxury goods have become a sort of a language through which people communicate, taste and connoisseurship in digital platforms. According to Bain & Company research, members of Gen Z make their first luxury purchases at around the age of 15.
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