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Retail

Luxury fashion facing challenge as speed to store spells success

November 1, 2018

Luxury retailers will face less disruptive consequences than mass-market retailers. Image credit: Prada

 

By Sarah Ramirez

The rapid pace of shoppers' social media discovery and fashion buying habits is hurting luxury brands that have longer journeys to market, according to a new report from McKinsey.

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  1. Porsche Experience Centers in Atlanta, Los Angeles log 1 million visitors
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  3. Karl Lagerfeld reveals next chapter of ‘From Paris with Love’
  4. Chanel makes ambassadorship with model Bhavitha Mandava official
  5. ‘Art of the Desk’ centers new content from Montblanc
  6. Missoni family strikes private equity deal, sells remaining stake in business
  7. Rosewood Hotels introduces gender-neutral parental leave
  8. Berluti lights up Shadow sneaker
  9. Air France stitches product story into fashion-forward campaign visuals
  10. Prada Group logs 20 consecutive quarters of growth in 2025
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