Resale has gone mainstream in the market and is no longer a side channel in fashion, but part of the ecosystem that feeds the entire industry flywheel.
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Resale has gone mainstream in the market and is no longer a side channel in fashion, but part of the ecosystem that feeds the entire industry flywheel.
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.
Saks Global is closing 15 more stores, primarily Saks Fifth Avenue while Neiman Marcus largely remains, as part of major restructuring under former NM CEO van Raemdonck.