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Luxury Retail Outlook: Resilience and Transformation
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Global luxury retail outlook highlights resilience, store expansion, and digital transformation. The luxury market is projected to reach $1.6 trillion in 2023 sales, with a focus on sustainability and technological innovation.
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How can luxury brands effectively balance sustainability and technological innovation while maintaining consumer appeal?
How might the resilience of the luxury retail market influence consumer spending and brand strategies?
What are the potential implications of the slowdown in the U.S. luxury market on global luxury goods trade and investment?
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