Avoiding Faux Prada Bag: Expert Authentication Tips
The democratisation of information and client energy by way of social media has played an enormous half in this. Platforms like TikTok and Reddit are filled with conversations that challenge the trade’s value proposition, which has made it so much more durable for luxury brands to manage their narrative. Recent gross sales figures underline simply how far demand for luxury mega-brands has fallen from its post-pandemic highs. In July, a few of the industry’s biggest gamers reported disappointing revenues for the second consecutive quarter.
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