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Pumping out fancy clothing, handbags, jewelry, perfumes, and watches, the high end of the fashion industry - otherwise known as the luxury goods industry -
Pumping out fancy clothing, handbags, jewelry, perfumes, and watches, the high end of the fashion industry - otherwise known as the luxury goods industry - had a challenging time in the Great Recession. In 2009, total luxury goods industry sales fell by 20%. How did the industry cope? In 2020, the luxury goods industry was hit by a more devastating recession caused by COVID-19. How would it cope this time
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