Has the pandemic decimated luxury brands or are they relatively unscathed? I’m seeing both kinds of reports when I try to research what’s going on. What are you guys seeing out there?
Let Them Eat Cake
This strikes me (and most of us) as not exactly the moment for ostentation and conspicuous consumption. And yet, the lure of the forbidden has always been a huge motivator for many people, and unnecessary spending is a very popular drug to self-soothe in anxious times. So what’s going on with luxury goods? What do you see and what do you think should happen?
This video originally appeared in LinkedIn
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