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":"fa7319e448fd30299eecf4ff6388d29e","s":"ab06c5aba2d65e5d"}
Share your thoughts. Click here