On an ordinary day, the sparkle of luxurious boutiques is enough to send alluring waves of temptation to the discerning shopper. But as the temperatures plummet and snowflake-speckled holiday season fast approaches, the usual marquetry of extravagance is left shrouded in uncertainty. This year, the swirl of sequins and silk could be caught in a slowdown snowstorm that chills the hearts of luxury retailers.
Dropping temperatures might not be the only thing falling this festive season. A dip in luxury retail could put a big freeze on the profits of high-end retailers, as they nervously eye the growing mountain of inventory. Yes, dear reader, we are talking about the dreaded inventory pile-up. This, just as the sparkling diamond dust of the holiday season is beginning to settle.
