Fashion prices: Why shoppers are turning to resale, thrift and affordable brands
By CGTN America
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Fashion Week sells the dream. But as consumers become more price-conscious, is the dream becoming too expensive to buy? CGTN's Diego Laje spoke with Christine Russo, an Insight Provider for Retail, Brands and Tech, about what we're learning from this year's Fashion Weeks and if brands are losing touch, as consumers face increasingly tougher economic times, while secondhand websites and lower-price competitors are welcoming defectors. 0:00 Fashion prices: Can consumers still afford what brands are selling? 1:02 Accessible luxury: Can lower-priced fashion keep shoppers buying? 1:50 Gen Z fashion: Why are younger shoppers turning to thrift and resale? 2:58 Fast fashion: Can mainstream brands compete on speed and value? 3:59 Fashion prices and tariffs: Are consumers paying more for less? 4:57 Luxury fashion: Has the industry finally fixed its price-value problem? #NYFW #LFW #fashion #consumers #shopping #luxury #fastfashion #brands #bizshow #globalbiz Watch CGTN LIVE on your c
Tags: CGTN, Fashion Week, bizshow, brand names, fashion shows, high fashion, resellers, shopping, thrift stores
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