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Billion-Dollar Trends, Luxury, Fashion
Billion-Dollar Trends - Business Insider: "23) Online luxury - WHY: Online luxury sales are growing twice as fast as the overall market, according to a new report from McKinsey. "Last year, online shopping 'directly generated more than 13% of offline luxury sales and influenced another 28% of sales.' Consumers typically purchase big ticket items in-person, leading many luxury retailers to overlook e-commerce," BII's Cooper Smith writes."
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