Chanel: “We are talking about luxury, we will continue to raise price tags”

Chanel: “We are talking about luxury, we will continue to raise price tags”

Luxury companies have full warehouses: and yet, price tags continue to go up. This could be a potential cause behind the slowdown of sales: price tags are too high. It seems like a contradiction, but it probably a two-fronts strategy, or maybe brands just think that a continuous raise in price tags just isn’t a…

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