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Nov. 22, 2024
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In-store

Outlet expansion lets luxury retailers control off-price business

May 8, 2015

Instagram post from Saks Off 5th; the chain is opening an outlet in downtown Manhattan Instagram post from Saks Off 5th; the chain is opening an outlet in downtown Manhattan

 

By Sarah Jones

Department stores have been aggressively expanding their outlet retail footprints to capture discount sales from aspirational consumers, but are these off-price stores doing more harm than good?

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  1. Hublot nods to tennis champion Novak Djokovic with custom chronograph
  2. EssilorLuxottica establishes Inclusion Committee
  3. Louis Vuitton opens applications for biennial Watch Prize
  4. Home office boom fading in favor of living room, kitchen refurbs: 1stDibs
  5. Roche Bobois furnishes boutique resort in Turks and Caicos
  6. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  7. Luxury Unfiltered: Hermès and Patek Philippe prove trust is the true luxury
  8. Women now represent 13pc of global billionaire class: Altrata
  9. Audemars Piguet unveils collaboration with artist Kaws
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