Marketing
December 20, 2023
VIPs enjoyed five-star accommodations at The St. Regis Aspen Resort during Saks Aspen Limitless Weekend in March 2023. Image courtesy of Saks
By Amirah Keaton
At the root of an ongoing slowdown, the luxury industry faced a unique combination of macroeconomic threats this year.
{"ct":"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","iv":"bb73bb002a47e65dd570976e0de1796b","s":"7ecb2d153bf0777a"}
Share your thoughts. Click here