Daily LInks
1. A Gilded Age Is Fading for Luxury Brands. The slowdown is no longer limited to “aspirational” shoppers, as the industry lingo frames less wealthy buyers. Sales of LVMH’s expensive watch and jewelry brands were weaker than analysts expected. – Read More on the WSJ
2. Birkenstock stumbles in underwhelming US market debut. Birkenstock’s stock ended more than 12% below its IPO price on Wednesday in an underwhelming Wall Street debut that signaled investors remain cautious about new listings. – Read More on Reuters
3. RBC Capital Markets Predicts Luxury Sector Downturn. RBC points to the changing equation of price, volume and mix for luxury companies. While these factors have supported luxury companies in recent years, the firm predicts a shift in the equation that may not be in the companies’ favor. – Read More on PYMNTS
4. How to Expand Beyond a Direct-to-Consumer Strategy. Direct-to-consumer (DTC) businesses play an outsize role in disrupting industries. Think of eyeglasses and Warby Parker or mattresses and Casper. But after that initial disruption, industry competitors often adapt. – Hear More on HBR
5. Five ways retailers are building the circular economy. The reverse logistics industry manages the collecting, sorting, repairing and refurbishing of products, components and materials for resale or recycling. It includes managing products returned by consumers, those damaged in transit, and excess and out-of-season inventory. – Read More on NRF
