When times get tough, selling sandals that routinely retail for over $100 may become more challenging. That's backed up by data from Insight Trends World, which shows that luxury spending has slowed down. "Luxury consumers, especially those under 35, are becoming more price-sensitive and value-driven, seeking alternatives like resale and smaller luxury items. They are also demanding higher quality, greater ethical practices, and more creative designs from luxury brands, expressing concern over perceived ...