137. The Death of Luxury | Why the Golden Age of Shopping Will Never Return
- 137. The Death of Luxury | Why the Golden Age of Shopping Will Never Return Diane Gilman 38:41
Diane opens with a bittersweet announcement—Saks Fifth Avenue will no longer showcase their iconic Christmas windows, marking the end of a 100-year tradition. She reminisces about the magical Manhattan holiday experiences that once made Fifth Avenue the epicenter of luxury and joy.
Luxury’s Golden Age
From the bustling department stores of the 1970s and ’80s to the rise of shopping as a social event, Diane paints a vivid picture of an era where luxury shopping was more than a transaction—it was an experience. Hear her stories of Saks’ early-morning post-Christmas sales, where shopping was a thrilling adventure.
The Decline of Luxury Shopping
Diane examines the cultural and economic shifts that led to the decline of brick-and-mortar luxury shopping. She discusses the impact of remote work, the rise of fast fashion, and the move to online platforms, which forever altered how people engage with fashion.
Nostalgic Memories
From buying her first little black dress to the camaraderie of fellow shoppers at exclusive sales, Diane shares personal anecdotes that highlight the joy and excitement of a bygone era.
Looking Forward
As the episode concludes, Diane contemplates the future of fashion itself. With luxury Retail dwindling, she poses a provocative question: Is fashion even necessary in today’s world?
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