The Self-Inflicted Downfall of Luxury Brands
The Hustle
@thehustlechannelAbout
The Hustle is business news for people who hate business news. We spotlight the world’s boldest bets — offbeat startups, hidden trends, and moonshots that might just work. Subscribe to our Daily newsletter and The Hustle Daily Show podcast for your weekday dose of the top stories you need to know: https://thehustle.co/ https://www.thehustledaily.show/
Latest Posts
Video Description
10 Brands Emerging in Luxury Fashion: https://clickhubspot.com/ohoq Louis Vuitton, Gucci, Chanel, and more luxury brands are seeing a widespread decline in sales in two critical markets: the United States and China. These brands have a long history of expensive goods, but sales volumes show that people aren’t as interested in buying them today. So why not? In this video, we break down a few clear reasons as to what went wrong and why the downward spiral of these brands was largely avoidable. Editor's Note: At 0:00, the video shows Chanel's Classic Flap bag instead of Chanel's 2.55 leather flap bag. The Hustle regrets the error. Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://clickhubspot.com/7fz7
You May Also Like
Revamp Your Style: Essentials
AI-recommended products based on this video
SENDEFN Leather Wristlet Clutch Small Women Crossbody Shoulder Bag Wallet Purses RIFD Card Slots
FuninCrea Mens Sling Bag, Oxford Chest Bag Shoulder Bag with Adjustable Shoulder Straps
VNINE Small Sling Crossbody Backpack Shoulder Bag for Men Women, Lightweight One Strap Back Pack Sling Bag Backpack for Hiking Walking Biking Travel Cycling with Headphone Port
OSOCE RFID Mens Sling Bag, Anti-theft Crossbody Shoulder Bag Travel Cycling Sport Hiking Bags for Men Women Casual Daypack(2.0Black-S)
