Millennials and Chinese Consumers Are Rewriting the Luxury Rulebook

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The Chinese consumer and the millennial generation are key to the luxury goods industry. XIESHOUTIANYA

Skift Take: The luxury goods market is going to be worth more than $450 billion by 2015 and many of its trends are relevant to travel as well. Younger consumers see brands in a different way than previous generations — and for them consistency is key.

— Laura Powell

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