Luxury Goods Sales See Considerable Growth During COVID-19

While 2020 was a difficult time for the global economy, new data is showing that sales for luxury goods surged despite the economic slump -- even attaining double-digit growth. The only exception was in the month of March when the Coronavirus first consumed the world, according to Financial News.Followed by an immediate decline in the first months of the pandemic, consumption rebounded in summer as consumers switched their purchasing pattern from vacation and outdoor activities to online shoppin...