Published 2 years ago

Luxury retailers lean on affluent customers to dodge inflation bullet

Summary by Reuters

By Mehr Bedi and Aishwarya Venugopal - Upbeat profit forecasts from Nordstrom and Ralph Lauren underscore the edge high-end chains have over the wider U.S. retail industry in an inflationary environment, thanks to the deep pockets of their customer base. The retail landscape is feeling the strain of decades-high inflation as a sharp increase in prices of everything from TVs to

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Reuters

Luxury retailers lean on affluent customers to dodge inflation bullet

2 years ago·United Kingdom

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IBTimes

Luxury Retailers Lean On Affluent Customers To Dodge Inflation Bullet

Upbeat profit forecasts from Nordstrom and Ralph Lauren underscore the edge high-end chains have over the wider U.S.

2 years ago·United States

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AOL

Luxury retailers lean on affluent customers to dodge inflation bullet

Upbeat profit forecasts from Nordstrom and Ralph Lauren underscore the edge high-end chains have over the wider U.S. retail industry in an inflationary environment, thanks to the deep pockets of their customer base. The retail landscape is feeling the strain of decades-high inflation as a sharp increase in prices of everything from TVs to toothpaste prompts most consumers to curb their spending habit. In the past few weeks, major retail chains…

2 years ago·United States

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