The Challenges of the Luxury Industry: Slow Growth, Risky Moves, and Labor Action

This chapter explores the potential implications of slowed growth in the luxury industry, discusses Rishmont's risky move to sell Netaporte shares, and touches on the buzz surrounding Farfetch operating all Rishmont brands. It also highlights the challenges faced by luxury retail companies, including Sax Fifth Avenue's payment issues and the growing labor action in the fashion industry.