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Jewelry News - Domestic & International News: 2008 may test luxury retail market - JB News Feed

2008 may test luxury retail market - JB News Feed

For some time now, America's more affluent consumers have managed to fly above the economic storms, creating a boon for luxury retailers such as Neiman Marcus Group Inc. and Tiffany & Co. Not any longer. As 2008 begins, evidence is building that the luxury market is losing its luster.

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