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News briefs

Mall traffic, Smythson, bankruptcy comebacks and estate tax – News briefs

August 11, 2016

Dior boutique in South Coast Plaza Dior boutique in South Coast Plaza


Today in luxury marketing:

Luxury sellers issue gloomy forecasts as mall traffic wanes
Luxury-goods sellers are keeping the Champagne on ice. Dwindling mall traffic and sluggish tourism are taking a toll on U.S. department stores, a key channel for companies like Ralph Lauren Corp. and Michael Kors Holdings Ltd., reports Bloomberg.

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