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Luxury brands struggle with declining sales and rising costs, forcing cutbacks and strategy shifts.
Luxury brands across sectors, from denim to high fashion, are facing financial strain due to shifting consumer demand, inflation, and reduced spending on non-essentials, according to recent industry reports.
Despite efforts to cut costs and streamline operations, many labels are struggling to maintain profitability amid weakening sales and rising operational expenses.
Some have paused expansion plans or reduced inventory, while others are reevaluating pricing strategies.
The challenges highlight a broader trend of economic caution among consumers, particularly in key markets like the U.S. and Europe.
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Las marcas de lujo luchan con la disminución de las ventas y el aumento de los costos, forzando recortes y cambios de estrategia.