Research
June 18, 2025
The ongoing luxury slowdown is set to continue into the summer as macroeconomic factors continue to adversely affect affluent buyers. Image credit: Saks
By Zach James
The high-end space is poised to see a decline in domestic spending over the coming months, according to the latest findings from U.S. holding company Saks Global.
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","iv":"ecd385f5e614c07ce0ad1461e6bc9e58","s":"1630b9ae7329976d"}
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