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Retail

Luxury fashion can no longer ignore power of off-price segment: McKinsey

April 8, 2022

McArthurGlen Designer Outlets Outlet stores provide a number of opportunities for luxury brands to meet new consumers. Image credit: McArthurGlen Designer Outlets

 

While luxury has often been associated with exclusivity and high prices, consumers are finding ways to connect with notable labels via off-price retailers — a fast-growing segment of the fashion industry.

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