American Retail at a Crossroads: Industry Leaders Diagnose What Ails US Department Stores and Fashion
By
Hilary Milnes, Madeleine Schulz
Summary
A comprehensive examination of the American retail industry's paradoxical state — booming as a luxury market attracting international brands, yet struggling with iconic department stores failing to modernize. Industry legends, designers, and founders weigh in on the challenges of starting and scaling fashion businesses in the US, and what it will take to revive domestic retail energy in an era of rapid change.
Source
Key quotes
· 3 pulledIt's a major luxury market, undoubtedly.
America's iconic department stores have struggled to reinvent themselves for the modern age of shopping.
It's more difficult than ever to start and scale a fashion business at home.
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