Shoe Battles: Going Toe-to-Toe in Stilettos

"Shoes are an especially fetishized subject in fashion, but it is only since the late 1990s, not coincidentally at the start of the television series 'Sex and the City,' that they have become what they are today, with warring retailers, an influx of new players on the battleground each season, and very little price resistance demonstrated by consumers, even when the market has all the characteristics of another fashion bubble."

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