Luxury Shoppers Put Value Ahead of Labels
Bloomberg Pursuits Global Luxury Editor editor Chris Rovzar says luxury shoppers are increasingly prioritizing price, quality and lasting value over labels, helping brands such as Coach and Ralph Lauren gain ground as parts of the broader luxury industry struggle. Joining David Gura and Christina Ruffini on Bloomberg This Weekend, Rovzar explains that New York Fashion Week is also showing renewed momentum for American fashion, with heritage brands and designers embracing color, archival influences and more accessible luxury.
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