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Study: Luxury Consumers Seek Good Investment from Fashion Brands

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Stevens, PA—Fashion brands with merchandise that proves to be a “good investment” may have the upper hand in getting inside luxury consumers’ wallets. At least that’s what Unity Marketing found recently in a study that asked 1,245 affluent consumers (average household income $331,500; age 46.5 years; 42% male/58%female) to rate …

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Michael Kors to Open Boutique in Tokyo

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TOKYO–Michael Kors will open its first 1,400-square-feet boutique on Tokyo’s upscale Omotesando Avenue this September partnering with local Toshiaki Tashiro. Carrying Michael Kors’ fragrances and accessories, including handbags, shoes, eyewear and watches in his signature lifestyle concept store, the Omotesando shop will be followed by shop-in-shops in department stores in …