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Luxury Brands Brace for Christmas Inventory Gluts
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Luxury brands are bracing for inventory gluts during the upcoming Christmas season due to a slowdown in holiday spending, exacerbated by geopolitical uncertainty. Department stores, particularly in the U.S., are expected to face the pinch from slowing demand for the next six to 12 months.
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How does the shift towards direct-to-consumer sales by high-end labels affect the traditional retail landscape?
How might the challenging Christmas season impact the overall performance of luxury brands?
What strategies can department stores adopt to mitigate the potential inventory gluts?
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