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Economy · Finance

As luxury fashion loses its shine, Uniqlo and Zara are winning over shoppers

CNA
Published 15 Oct 2026, 9:22 am·1 h ago·1 min read
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Years of relentless price hikes have pushed some shoppers away from luxury brands like Louis Vuitton and Gucci. Now, mid-market fashion players such as Uniqlo and Zara are reaping the rewards.

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