Luxury brands need to rethink their approach for a generation of shoppers who are more frugal and less willing to spend to look
As rising inflation and interest rates dent disposable income, Charlie Porter re-evaluates his habit of buying high-end fashion, writes the @FinancialTimes. It is the reflection of an impoverished fashion enthusiast during this period of "deep economic crisis" who begins to think positively about the value of old shoes and old clothes. It's about extending their life cycle and ensuring that things that can be reused don't end up in landfills. [It's time to rethink our approach to luxury fashion – FT]
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