Market for Luxury Goods Shifts Further to the East - NYTimes.com - 0 views
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issaechl f09 on 12 Oct 09This article is about market for high-end and luxury goods in Asia. With an increase in income and spending power, there has been an increase in the demand for luxury goods.The article also highlights the movement of these luxury markets from NY and Geneva as a result of the economic crisis. Income has decreased in these places, therefore demand for luxury items has decreased.