Why Gen Z Is Ghosting Luxury Brands

Luxury brands are having a tough time: they lost 50 million customers last year! Turns out, Gen Z wants to show off their style online, but luxury labels are retreating to their old exclusive ways. The result? Fewer people think those pricey bags and shoes are worth it. If you’re shopping for status, you might notice more brands trying to look rare again—but they still need to figure out how to stay cool on your feed. #LuxuryLife #GenZTrends #MoneyMoves #Business