By  on May 2, 2014

There are few generational divides when it concerns spending decisions and luxury goods, a report released Wednesday by The Luxury Institute revealed.

Although volatility has returned to the stock market, the luxury sector of fashion apparel and accessories is being driven by a nascent rebound in the global economy and a growing appetite for top-quality products by Baby Boomers, Gen-Xers and Millennials.

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