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May 20, 2025
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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. Mandarin Oriental restores Italian castle
  2. Fairmont salutes company heritage in new campaign
  3. UK luxury fashion exports to EU down 64pc post-Brexit: Walpole
  4. Audemars Piguet pop-up exhibition opens in Shanghai
  5. Luxury Unfiltered: How brand value misalignment creates billion-dollar losses for luxury hotels
  6. Aston Martin, Apple release CarPlay Ultra
  7. Pierpaolo Piccioli joins Balenciaga as creative director
  8. Hyatt taps American tennis player Jessica Pegula as ambassador
  9. Luxury dips while tech disruptors drive $10.7T in brand value: Kantar
  10. RH appoints new co-chief merchandising, creative officer
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