Luxury Brands Race to Nashville
helloabc via iStockPhoto Nashville is one of the fastest growing cities in the country—a status that offers countless market opportunities for luxury brands. With rising tourism and a growing real-estate market, companies such as Hermés and Dolce & Gabbana have identified it as an ideal avenue to achieving higher sales. While luxury brands reap many benefits when they touch down in Nashville, there are also challenges and potential downsides for local businesses. Today, we’ll examine both. The Rise of High-End Retail Recently, luxury retail activity in Nashville has been rampant. In mid September of 2024, TAG Heuer landed a shop…
