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Luxury goods boom in Britain as the young, rich and mortgage-free buck the recession


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Rich kids of Insta use strong dollar to fuel sales of high-end brands such as Burberry, Louis Vuitton and Gucci

They’re young, rich and mortgage-free, and the scions of the 1% are having a roaring twenties.

Despite the economic gloom currently shrouding the UK and many other western countries, sales of luxury brands have been booming and growing numbers of buyers are young adults.

Continue reading…Rich kids of Insta use strong dollar to fuel sales of high-end brands such as Burberry, Louis Vuitton and GucciThey’re young, rich and mortgage-free, and the scions of the 1% are having a roaring twenties.Despite the economic gloom currently shrouding the UK and many other western countries, sales of luxury brands have been booming and growing numbers of buyers are young adults. Continue reading…