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The 1% is spending: Luxury stocks soar – CNNMoney

stocks - Google News May 22nd, 2014 Stocks.



The 1% is spending: Luxury stocks soar
CNNMoney
Just look at the recent performance of luxury retail stocks. Tiffany & Co (TIF)., Nordstrom (JWN, Fortune 500) and Michael Kors (KORS) are all on a tear, driven by wealthy consumers' appetite for high-end brands. "They're serving a more affluent ...

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