By  on June 3, 2009

New York-based Abrams Research firm, founded by chief executive officer Dan Abrams, released a study today on the luxury industry, after speaking with more than 100 carefully selected industry experts.

 “There’s definitely a cautious optimism among the experts in the luxury market right now,” Abrams, who is also chief legal analyst for NBC and MSNBC, told WWD in an exclusive interview. “The luxury goods market is one that is preparing for change as a result of recession and the expansion of the online market.”

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