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":"a3f898cfa6715061f46dfac90f00cd17","s":"0a449d9496c11031"}
Share your thoughts. Click here