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Image: Tiffany & Co.
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1. After the death of designer Virgil Abloh, resale prices for some of his most iconic collaborations are skyrocketing: New pairs of the Off-White x Air Jordan Retro High OG “Chicago,” originally released in November 2017 for $190, are now selling for more than $8,000 on resale websites like StockX, eBay and GOAT. – Read More on Bloomberg

2. Sticker shock over holidays could shake up how retailers, consumers think about sales: “Other countries do not discount like we do. We’ve trained American consumers to just wait for everything to be on deal.” – Read More on CNBC

3. Luxury Assets Are the Hottest Investment Category Among Asian Millennials: Goods like fine wine and NFTs not only serve as status symbols, but have also come to define consumers’ personal brands. – Read More on Yahoo Finance

4. What Marketers Need to Know About the Changing Luxury Landscape: While exceptional, durable and timeless goods are still at the core of the luxury business, gone are the days when luxury was merely about accumulating products. Organize your marketing around what your brand means to your customers on an emotional level and offer your audience a fresh perspective. – Read More on AdWeek

5. Amazon Proves Logistics Is Key to Increasing Online Sales, Market Share: The shift to build out the last mile comes as Amazon takes greater “ownership” of the goods sold over its platform. The company delivered 66% of its own packages as recently as August of this year. – Read More on PYMNTS