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Luxury Retailers Respond to Economic Uncertainty With Strategic Partnerships

  • Luxury retailers are forming strategic partnerships to navigate economic challenges and changing consumer preferences.
  • Mytheresa acquires YNAP from Richemont to create a global digital luxury group, combining brands like NET-A-PORTER and MR PORTER.
  • Authentic Brands Group and Saks Global launch Authentic Luxury Group to redefine luxury across multiple sectors, with investment from Amazon.
  • Partnerships enable operational efficiencies, reach broader audiences, and enhance digital capabilities for luxury brands.

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