Insider Ties: Starting a Lux Brand Now Will Be Rough
New signs of a slowdown in high-end spending are emerging as two luxury leaders — Hermes and Richemont — forecast slower sales or smaller profits. Source: Luxury stocks slump amid growing signs of spending slowdown Tod’s SpA is adjusting after a huge slow down: http://footwearnews.com/2016/business/earnings/tods-first-half-new-strategy-shoes-257107/ It’s not just Tod’s. Tod’s has even gone the route of adding…