By and  on June 27, 2012

Summer’s just started, but retail might be cooling off, particularly in the rarefied world of luxe.

U.S. retailers started off the year on an upswing that was aided by a particularly mild winter, but the sales gains started to taper off by late spring. That slowdown has now run headlong into a general weakness in women’s designer fashions, slower economic forecasts for the U.S. and China and a flair up in Europe’s debt crisis.

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