Luxury goods sale soaring across the world | World Business Watch | WION

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Financial crises, a pandemic, geopolitical tensions, spiralling inflation and a squeeze on the cost of living have done little to dent the rise of the luxury goods sector. So, who's driving up demand for luxury products? We find out in this report.

#Luxury #Recession #WION

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Look back to the West in the 1920s. The wealthy of the 1920s partied on like there was no recession or depression. Being very wealthy is a potent insulator against economic downturns.

TPQ