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E‑commerce defies the slowdown in global luxury sales

E-commerce defies the slowdown in global luxury sales

Luxury shoppers are buying online in growing numbers, pushing many of the best-known luxury retailers and brands to scramble to catch up in e-commerce. Even as overall retail sales of premium goods declined slightly worldwide in 2016, according to investment firm Bain & Co., the 93 leaders in online luxury sales increased their web sales […]

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