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The Debrief: How Luxury Woos the World’s Biggest Spenders

The Debrief: How Luxury Woos the World’s Biggest Spenders

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Background:

In the midst of a post-Covid luxury boom, brands are going the extra mile to lavish top spenders — known as very important clients, or VICs. To court and keep VICs, who often account for the majority of their sales, names like Givenchy, Balenciaga, Alexander McQueen and Chopard fly clients out to ritzy charity galas and film festivals, organise exclusive runway shows and…

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