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":"84553b5bf361c4e7eae352244a743988","s":"d12627ffcd76c8bb"}
Share your thoughts. Click here