Culture

Has Luxury Fashion Priced Itself Into Extinction?

RICHES TO RAGS

Big-name high-end brands like Burberry, Prada, and LVMH are in difficult financial times: The public simply doesn’t covet their once-desirable labels as much as it used to.

articles/2016/04/25/has-luxury-fashion-priced-itself-into-extinction/160424-gross-luxury-death-tease_s1kbib
Edgar Su/Reuters

Got a tip? Send it to The Daily Beast here.