It’s a rising trend in the luxury goods market. People buy luxury items for lower prices in one country and sell them at higher prices in another. It’s especially prominent in the luxury handbag market.
In the video above, Pauline Brown, author of “Aesthetic Intelligence” and former chair of LVMH North America, explains why it’s happening and what the industry makes of it.
For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.
This post was written by Stephanie Mikulich.
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