just-style.com October 30, 2009
Joe Ayling, News Editor

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COMMENT: Luxury firms must adapt to the ‘new normal’ [MEM]

Luxury retail has been one of the sectors hardest hit by the global recession, as shoppers increasingly defer new purchases, spend less, or simply trade down to discounts on higher-end brands or fast fashion alternatives. However, amid signs the market is starting to stabilise, retailers are warned the post-recession luxury market will be far different from the one that came before.

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    Joe Ayling, News Editor

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