We’re coming from a pandemic where many lost their jobs, inflation is a problem, and let’s not even get into these gas prices over the past few months. And it’s not particularly surprising either. During the course of the pandemic, we’ve unfortunately had some brands suffering, especially locally with business revenue down and shops closing-including a lot of designer stores in NYC. On the one hand, luxury brands and clothing are very much alive, well, and prospering. We’re in a unique state when it comes to luxury fashion.
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