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":"5318681d40308b507584f64cdf4a7d2b","s":"451a93948627b552"}
Share your thoughts. Click here