The suit and tie may be dead, but the latest Louis Vuitton tote or a coveted Patek Philippe watch has lost none of its cachet among the super flash.

It’s a trend underscored by results released this week by retail-focused Liberty Two Degrees (L2D), co-owner of some of Gauteng’s smartest shopping precincts, including Sandton City, Nelson Mandela Square, Melrose Arch and Eastgate...

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