Versace to Bottega Court Local Shoppers as Jet-Set Demand CoolsBy
Luxury-goods makers catering to New York, Hong Kong residents
Spending by tourists has stagnated in wake of terror attacks
After years of feasting on tourists’ demand for hand-stitched leather satchels and diamond-encrusted watches, luxury-goods makers are now courting a group they’ve long overlooked: local shoppers.
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