
New trends and terms in the world of luxury living. By Alisara Chirapongse, illustration by Temsiri Pothipattananont
Inflation is rising. Politics are a mess. Gas prices are at a record high. With the “credit crunch” raging, even big spenders think twice about splashing out on not-so-essential products. According to a July report by The Nation, big luxury brands are already seeing the effects with a downward slide in the first half of the year—and it’s getting worse.
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