Remember, oh, say 2007, when luxury was the hottest buzzword in consumer retailing or services? From high-end spa treatments to luxury campouts (yes, campouts) to bling-laden sunglasses and mink dog beds, Americans of all ages (and almost all income brackets) couldn?t get enough luxe.
Fast-forward to 2011 and as shell-shocked consumers slowly creep out of their houses and cautiously start spending again, luxury may be getting ready to rebound?but it?s very different than just a few years ago. From Small Business Trends Alexis Bledel Kim Kardashian China Chow Alecia Elliott Kat Von D
Selling Luxury in 2011
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