Why Luxury Goods Are Being Discounted Like Never Before | Vantage with Palki Sharma
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Why Luxury Goods Are Being Discounted Like Never Before | Vantage with Palki Sharma
Luxury brands are facing a sharp slowdown as consumers push back against rising prices. New data shows discounts on luxury goods have reached their highest level in more than a decade, with some items marked down by as much as 40 percent. After years of aggressive price increases, demand has weakened, profits have fallen, and margins have ...
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