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A Modern Retail Masterclass with Billy May, CEO, Brooklinen

Remarkable Retail

CHAPTER

Retail Industry Updates and Economic Uncertainty

The chapter explores recent bankruptcies in retail, including Express and Foxtrot, while also discussing the predictions of widespread closures by UBS. It delves into the performance of luxury brands like Hermes and LVMH, highlighting challenges faced by accessible luxury brands. Additionally, there is a focus on global companies facing sales deceleration, the FTC's interventions in mergers, and the current state of the US economy with mixed economic indicators causing uncertainty.

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