THE ECONOMY IS BOOMING: Luxury Stores Are Bursting With Unsold Stuff. “The slowdown has left brands’ own stores, independent boutiques and e-commerce retailers stuffed with unsold stock. The boss of online luxury goods seller MyTheresa said the company is experiencing “the worst market conditions since 2008,” and had 44% more inventory by the end of its latest quarter than a year earlier. Burberry is buying back unsold products from department stores.”
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