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Not so comfortable in luxury
Summary by ROGER MONTGOMERY
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1 Articles
Not so comfortable in luxury
It has struck me as curious that one of the sectors of the global market that was hit after the pandemic lockdowns were lifted but has generally failed to recover, is luxury retail. I have long believed that many prestige brands, such as Louis Vuitton, Gucci, Prada, and Ralph Lauren, are now so common on street corners and in shopping centres and malls that they verge on being more mass-market than exclusive, more masstige than prestige. One qu…
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