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Despite geopolitical tensions and slowing growth in Europe, luxury consumers are treating economic anxiety as someone else’s problem. Exclusive new data reveals what these shoppers are buying—and why a demographic shift could be the industry’s salvation.
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The latest retail headlines could give you whiplash. One day, consumers are pulling back on spending; the next, Chanel is posting blockbuster demand. The signals seem contradictory. But the latest ShopMy x Line Sheet Top 10 list offers a useful reality check: According to the data, consumers are still shopping for luxury goods—and spending more each time.
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