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Recession was supposed to call time on conspicuous consumption but LVMH, the world’s largest luxury goods firm, said austerity chic was out and bling was back as it reported soaring demand for its Krug Champagne, designer handbags and diamond-set Tag Heuer watches.
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Tags: about, Austerity, Conspicuous Consumption, Designer Handbags, Diamond Set, Guardian Unlimited, Krug Champagne, Luxury Goods, Recession, Tag Heuer