Recent retail sales reports are misleading, as unadjusted monthly sales rose 0.9%. Year-over-year sales are up 5.2%, outpacing inflation and last year’s growth.
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Recent retail sales reports are misleading, as unadjusted monthly sales rose 0.9%. Year-over-year sales are up 5.2%, outpacing inflation and last year’s growth.
Luxury is entering a new era — slower, more selective, and far less forgiving. The post‑pandemic boom is over. What comes next is not decline, but a reset — one that will separate brands that protect their value from those that quietly lose relevance.
Quince is disrupting the luxury market by offering high-quality goods at mass-market prices through its efficient manufacturer-to-consumer model.
Amid rising inflation, tariffs and global conflicts, consumers are growing more price-sensitive and increasingly demanding price transparency to maintain their trust.
Trump’s sudden 100% tariff on Chinese imports, effective Nov. 1, severely challenges retailers leaving no time for supply chain adjustments ahead of holidays.