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OverviewAPI
The luxury goods market in North America and globally is evolving to meet the demands of affluent consumers, emphasizing innovation, sustainability, and customer experience. Key players are navigating challenges like price sensitivity and counterfeit products while capitalizing on opportunities in online sales, personalization, and emerging markets. The industry is competitive, with a focus on trends such as sustainability, digitalization, and collaborations, accelerated by the Covid-19 impact.

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