Luxury market forecast to contract next year

Luxury Market Forecast Contract Year - Politics, Business, Civil, History - Posted: 21st Oct, 2008 - 7:54pm

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Business - European Economy
Post Date: 21st Oct, 2008 - 7:54pm / Post ID: #

Luxury market forecast to contract next year

Luxury market forecast to contract next year (AP)
European Business News

Shoppers look at a display window at luxury goods retailer Bergdorf Goodman in New York, November 21, 2007. (Jacob Silberberg/Reuters)AP - Even the super-wealthy are going to feel the pinch of the global economic crisis, as experts warn that the personal luxury goods industry will contract next year in everything from designer shoes and apparel to leather goods and cosmetics.



Source: Yahoo! News: Business - European Economy

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