Topic: Luxury goods

FILE - In this Nov. 27, 2015, file photo, shoppers carry bags as they cross a pedestrian walkway near Macy's in Herald Square in New York. Macy’s said Thursday, June 16, 2016, it has reached a tentative deal with the union representing workers at its flagship store in New York City, avoiding a strike. (AP Photo/Bebeto Matthews, File) (AP/Bebeto Matthews)

The end of discount luxury

Angelo Young
(Minerva Studio/Shutterstock)

Patrick Collinson

Nasser Karimi, Brian Murphy