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":"6e837db3a1890d2e89650d9d910a4437","s":"fb5dc019aefa2b31"}
Share your thoughts. Click here