Business Headlines: Slowdown hits luxury car, watch and apparel makers

The country is in the midst of an economic slowdown. Sector after sector has been falling prey to this vicious cycle. The most recent casualty of the slowdown is the luxury segment. We’re talking about luxury cars, watches and apparel makers. We give you a detailed account how the slowdown began with affecting the lower income group, and now has spread to every strata of society.
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