The Glossy Podcast

Week in Review: Saks Fifth Avenue struggles to pay vendors, Gucci sues retail partners

Nov 24, 2023
This podcast discusses the struggles of luxury retailer Saks Fifth Avenue to pay its vendors and Gucci's lawsuits against retailers selling counterfeit products. It explores the challenges faced by multi-brand retailers, the importance of technology in inventory management, and the reputational impact of counterfeit products on brands. It also examines the difficulties department and specialty stores face in the luxury industry.
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