- Luxury Daily - https://www.luxurydaily.com -

Mall traffic, Smythson, bankruptcy comebacks and estate tax – News briefs

Dior boutique in South Coast Plaza Dior boutique in South Coast Plaza

 

Today in luxury marketing:

Luxury sellers issue gloomy forecasts as mall traffic wanes
Luxury-goods sellers are keeping the Champagne on ice. Dwindling mall traffic and sluggish tourism are taking a toll on U.S. department stores, a key channel for companies like Ralph Lauren Corp. and Michael Kors Holdings Ltd., reports Bloomberg.