Ultra-Wealthy Make It Rain On Luxury Brands As Main Street Tightens Belt

Ultra-Wealthy Make It Rain On Luxury Brands As Main Street Tightens Belt

While middle-market retailers brace for a slowdown, luxury’s precocious echelon continues to soar - underscoring a increasing economical disagreement that whitethorn beryllium arsenic precarious arsenic it is profitable.
Photo: Hollie Adams/Bloomberg…