From a global macroeconomic standpoint

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The effects of this may be temporary and are not yet clear. Other analysts have already reacted stating that the concerns about discounting of handbags are overblown. The debate will probably go on a little. Here’s why:He never imposes his own taste on the contestants. Rather, he tends to celebrate sensibilities that are different than his own. In essence, he doesn’t ask, “Do I like this?” but instead focuses on what really matters in both the fashion world and in the marketing world: whether the target audience will like it.

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