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September 01, 2020 1:20pm
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Luxury in the metaverse? Morgan Stanley says it could become a €50 billion market

Analysts at Morgan Stanley say there's scope for luxury goods to sell as well virtually as they do physically -- and say the market could be as large as €50 billion, or $57 billion at current exchange rates, by 2030. That could lift revenue by more than 10%, and industry earnings before interest and tax by 25%.
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