Suzanne Kapner

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353 appearances 8 recordings 1 series first heard Apr 2020 last heard Feb 2024

Suzanne Kapner’s voice in public audio — every appearance, attributed to the second.

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So the luxury brands, you know, they don't want to see their items out there being discounted heavily.

And they'd be more inclined to just take their goods back and sort of sit on them and wait till the market recovers.

You know, in the past, a lot of these luxury brands destroyed products they couldn't sell.

That's really become a very frowned upon practice now.

So hopefully we won't be seeing too much of that.

Even Saks as a department store has Saks off fifth stores.

You know, you have some Gucci outlets and select outlet malls.

So that's another avenue for them.

There's been a big trend in sellers of secondary goods like the RealReal, which sells pre-owned luxury items.

And the RealReal says they've had a 30% increase in the number of brands who want to consign with them.

So that's like another way for

some of the luxury players to get rid of some of this excess merchandise.

Thanks for having me.

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