Week in Review: LVMH earnings, Mattel president joins Gap, Shein's legal troubles
The Glossy Podcast
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The Slowdown in Aspirational Shopping
I think that it's still just the aspirational shoppers just not there anymore. And we're still in that period where I guess most people are within a kind of financial difficulty until either, you know, wages rise or the rates go down. The chances are that that aspirational shopper will not be coming back and will instead redirect their discretionary income towards things that cost a lot less basically.
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