Global High-End Retail Slump

100 views · Published 29 December 2008 · 1:54 · Indexed 20 September 2026

Channel: CBS News · 2008 · News & Politics

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Sales of luxury items this holiday season dropped more than 34% and high-end retailers are counting on Asia's wealthy to boost sales. Celia Hatton explains why that too may be changing.

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