After the Recession: The Look of Luxury

A smaller, stronger core of luxury — and fashion-forward — firms is likely to emerge from the recession, according to a new survey. New York-based Abrams Research polled more than 100 luxury-industry experts — executives, designers, buyers, editors and bloggers, among others — and 36.8 percent said the luxury sector would evolve to a more streamlined but strengthened model, with 34.9 percent expressing confidence that aspirational consumers would be a key component. Additional results and data from the study are available exclusively on WWD.com. Also, WWD asked executives to engage in a little wishful thinking and answer the question, “What’s the first thing you’ll do at your company once the recession ends?”
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