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":"afb4992a81ddd8ab34c1ff70e4a66d37","s":"a8e587bb5b756e72"}
Share your thoughts. Click here