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Luxury Slowdown Prompts Fears of Inventory Pile-up Over Key Holiday Season

Shoppers look in store windows and walk down the street on Fifth Avenue in New York during the holiday season. — Discounts from high-end fashion retailers raised concern that a lacklustre Christmas could lead to inventory gluts – potentially dragging labels into a discounting spiral that would cheapen their image. (Shutterstock)

Reuters

13 December 2023

Early holiday shopping season discounts from high-end fashion retailers like Bergdorf Goodman on New York’s Fifth Avenue raised concern that a lacklustre Christmas could lead to inventory gluts – potentially dragging labels into a discounting spiral that would cheapen their image.

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