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The End of Bling-Bling?

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The term bling-bling was created by hip-hop artists on the eve of the new millennium and soon entered the vernacular to mean all things flashy and elaborate as the swelling global economy led to avarice and ostentatious consumer behavior.

But what will the new market realities mean to luxury brands. Will the reversal of fortunes result in a protracted period of austerity?
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