Declining stock prices in the Luxury Sector - how does this effect retail?

24/01/2024 3 min Temporada 1 Episodio 3
Declining stock prices in the Luxury Sector - how does this effect retail?

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Episode Synopsis

In the tumultuous landscape of 2024, a storm is brewing in luxury retail stocks, with Kering facing a significant 35% decline, Richemont down by 18%, and LVMH witnessing a decrease of 17%. This downward spiral has the potential to impact all brands across the industry. Find out how this change could affect your brand. In times of uncertainty, it's crucial to innovate and build lasting customer trust. Embrace the power of clienteling to enhance your customer relationships. Stay connected with BSPK for timely industry updates and effective strategies to navigate and thrive amidst the stormy challenges ahead.Tips for you. BSPK Power of ClientelingBSPK: Secret weapon for SMBsBSPK is a leading innovator in retail technology, empowering businesses to thrive in a dynamic market. Through cutting-edge solutions and insightful analysis, BSPK redefines the retail experience.Check out our Clienteling 101 page to learn more about clienteling: https://www.bspk.com/clienteling101 BSPK.comContact us: [email protected] InstagramLinkedinTwitterTikTok

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