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Despite modestly positive expectations for 2024, the luxury retail market did not pan out as merchants had hoped. According to Coresight Research estimates, the US fashion resale market evolved from a single-digit-billion-dollar market in 2008 to a US$31.8 billion market in 2023. per cent year-on-year.
A 45-year-old family-owned luxury business might not be the kind of company one expects to be at the cutting edge of digital commerce, but thanks to President Ken Natori, the company’s second-generation leader, Natori is just that.
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