Industry Trends - The apparel retail industry has experienced fluctuations this year, influenced by the Trump administration's tariffs, which increased supply chain costs for manufacturers [1] - Increased costs led manufacturers to raise prices, causing consumers to delay or forgo purchases [1] - The high-end luxury sector remains positive, benefiting from wealth gains through the stock market [1] Company Focus (Mackage) - Mackage, a luxury brand founded in Montreal in 1999, is led by executives from Jimmy Choo and Ralph Lauren [1] - Mackage is expanding distribution while maintaining its luxury athletic DNA [1] - Mackage CEO Tanya Golesic discusses the brand's year, her career, and plans for 2026 on the "Opening Bid Unfiltered" podcast [1] Media & Resources - "Opening Bid Unfiltered" podcast is available on Apple Podcasts, Spotify, and YouTube [1] - Yahoo Finance provides stock ticker data, news, market data, and tools for financial management [1] - Yahoo Finance can be found on X, Instagram, TikTok, Facebook, and LinkedIn [1]
Why consumers are paying more for lower-quality goods
Yahoo Finance·2025-12-01 05:55