Luxury Briefing: Is a focus on wealthy consumers good for business? 

10 months ago 20

This week, an exploration of new insights on luxury pricing and spending. Scroll down to use Glossy+ Comments, giving the Glossy+ community the opportunity to join discussions around industry topics.

Fashion companies are continuing to raise prices, even as luxury consumers seek out discounts. At the same time, luxury retailers catering to wealthy customers are showing mixed results. Consultants are now urging fashion leaders to increasingly leverage data when making price hikes to best ensure alignment with consumer demand. 

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