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Fashion People
Keep Spending Alive in 2025
Jan 3, 2025
Sarah Shapiro, Puck’s retail correspondent, dives into the future of fashion retail and beauty. She discusses the shifting landscape of mall brands and recent luxury price hikes, alongside consumer reactions. The conversation highlights notable changes at Chanel and ongoing trends in fashion mergers and acquisitions. Lauren and Sarah even share their holiday shopping experiences, primarily focusing on their newfound love for t-shirts. Expect insights and predictions about the evolving consumer preferences as they navigate 2025.
57:54
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Quick takeaways
- The growing consumer backlash against luxury price hikes is pushing brands like Chanel to rethink their pricing strategies for greater value.
- The trend towards consolidation in luxury retail indicates a shift in market strategies, emphasizing consumer-centric approaches and innovative shopping experiences.
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