InvestmentsTop Global NewsMarketsReal Estate As luxury fashion loses its shine, Uniqlo and Zara are winning over shoppers By financialnews_rlv83x - October 14, 2026 0 8 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.