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":"11a5837d2277203422fe6ff1ea697fa7","s":"cc981e18c3a4fa3b"}
Share your thoughts. Click here