What is the main reason high-income spenders in the US are hesitant to spend on luxury items?
Inside the Slowdown in Luxury Spending

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Business, Architecture
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Lack of confidence
Economic recovery
Lack of money
High taxes
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much does the UK contribute to the sales of major luxury brands?
20%
15%
6%
10%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant challenge for Japan's luxury market?
Low tourist numbers
High inflation
Strong yen
Weak yen
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of products are consumers more willing to purchase from affordable luxury brands?
Clothing
Electronics
Shoes
Accessories
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might the UK become a popular destination for luxury shopping?
Increased local demand
Weaker pound
Higher import taxes
Stronger pound
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