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Luxury Beauty Sales Surge as High-End Fashion Faces Economic Slowdown

Luxury Beauty Sales Surge as High-End Fashion Faces Economic Slowdown

SEOUL, March 9 (Korea Bizwire) —  As the economic downturn persists, South Korea’s luxury market is witnessing a shift in consumer spending habits, with high-end cosmetics sales outpacing those of expensive fashion items like designer handbags and apparel. According to the retail industry on Sunday, luxury beauty brands such as Prada, Hermès, and Givenchy saw their [...]