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Face The Nation: Turner, Klieman, Laufman, Costa, Walter
Luxury sneakers may be a step too far for cash-strapped Gen Z
By Casey Hall and Mimosa Spencer SHANGHAI/PARIS (Reuters) – From $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such “aspirational” purchases. Executives are troubled in particular by a hit to young Chinese shoppers, […]
