First rise in luxury goods since the recession

First rise in luxury goods since the recession

Assessment

Interactive Video

Business

10th - 11th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the resurgence of luxury in Bond Street, highlighting double-digit growth across various luxury segments such as fashion, leather, perfumes, and cosmetics. It explores consumer spending trends, noting a shift from thriftiness to indulgence as economic conditions improve. Personal anecdotes reveal mixed spending habits, with some consumers still cautious. The video emphasizes the importance of consumer mindset in economic recovery and highlights the role of ordinary consumers in sustaining businesses.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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