US luxury retail [pdf] spending increased in the apparel/accessories, jewelry, and department store verticals during Q1 2011 compared to Q1 2010, according to a July 2011 report from American Express Business Insights. However, data from “Q1 2011 Spend Sights Report: Luxury Retail” indicates spending dropped year-over-year in the luxury furniture/home furnishings vertical.
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Luxury Spending Mostly Improves in Q1 2011
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