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Hays: In both my personal and professional opinion, luxury has always been more sustainable than mass market fashion, and certainly fastfashion, in part because the luxury market can procure more expensive materials. So for a $15 retailprice point, youll go for the cheaper material.
Rising Operational Costs Apparel retailers face rising operational costs, including rent, labor, and marketing expenses. Competition from online retailers and fast-fashion brands has put pressure on margins, forcing retailers to find ways to reduce costs without sacrificing quality or customerexperience.
It gets generated by picking an attractive customer, that you want to obsess about and I don’t and attractive I mean somebody that you think is a viable there’s enough of them and they’re viable to have a long-term relationship with. [58:56] Scot: [57:47] Yeah.
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