With Christmas just a couple of days away, it’s a good time to take stock of the shopping season. I think a fair bit about the luxury retail market, because where the rich lead, the market — and even the economy as a whole — tends to follow. This past year was the worst for the luxury industry since the great recession of 2007-09.
圣誕節即將來臨，現在是回顧購物季的好時機。我經常思考奢侈品零售市場，因為富人的消費趨勢往往會引領市場，甚至影響整個經濟。今年是自2007-09年大衰退以來奢侈品行業最糟糕的一年。
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