A downturn in demand for luxurious trend hasn’t stopped manufacturers from making a splash on the newest Salone del Cellular design honest, which opens in Milan this week. If something, the slowdown has sharpened the business’s give attention to the strata of prime shoppers — crucial to luxurious’s enterprise this...
Luxury’s Pricing Reality Check
There's a rising consensus that rampant worth inflation has weakened luxurious’s worth proposition, contributing to a collapse in demand. And leaders are beginning to take motion.This week, British purse model Mulberry — a longtime champion of “accessible luxurious” — signalled it was now not accessible sufficient. Amid falling gross sales...