When it comes to shopping, the ultimate status symbol is IRL
E-commerce has eaten everything ... except ultra-luxe.
Getty Images; Alyssa Powell/BI
E-commerce is great for a lot of things — snagging sales, stocking up on staples, buying stupid stuff we really do not need. But people's voracious appetite for online shopping does appear to have its limits, specifically when it comes to luxury.
The expectation has long been that e-commerce would revolutionize luxury, just as it has so much of retail. It killed many malls and bookstores; it made Walmart...
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