Must Read: Staud Connects With Wealthy Investors, Saks in Talks to Borrow up to Another $600 Million
Photo: Albert Urso/Getty Images These are the stories making headlines in fashion on Thursday. Staud connects with wealthy investors Staud has “received a significant investment from a consortium of multibillion-dollar family…
The Ultra Wealthy Are Spooked, and Losing Interest in Luxury Goods
LONDON – Since the pandemic ended, ultra high-net-worth customers has been the driving force behind luxury sales as the less-affluent, aspirational shoppers have put the brakes on spending. But…