Those that can, will: inflation pushes luxury brands to increase prices

Those that can, will: inflation pushes luxury brands to increase prices

Inflation pushes luxury brands to increase prices. But does the growth of price tags reflect an increase in product quality? Chanel is the brand most under the spotlight, given its very aggressive pricing strategy. Yet, it’s true that “the entire luxury industry is increasing prices – said Capri Holding’s CEO John Idol, to analysts -….

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