Some labels have alienated customers with big price increases. Sagging profits are prompting a rethink.
Backstage passes. Secret dinners. Exclusive invites. When you have everything, stores lure you with the things money can’t buy.
Shoppers are increasingly turning to secondhand websites to sell barely-used designer clothes and handbags. Big brands aren’t happy about it.
As growth slows across the luxury industry, designer labels need discreet places to unload excess inventory