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Why You May Find Fewer Discounts on Luxury Brands This YearBank of America credit and debit card spending data suggests the luxury market improved at the end of 2024, a sign luxury ...
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Overdone price hikes, the demise of ‘quiet luxury,’ and sluggish European tourism—here’s what Bank of America expects will shape luxury in 2025But this group will become more important in 2025 as brands see early signs of recovery, according to Bank of America. Take Richemont, the company that owns Cartier and Van Cleef & Arpels.
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