Tag: #LuxuryFashion #PricingStrategy #ConsumerTrends #BrandEquity #Craftsmanship

Executive Memo | Luxury Has a Pricing Problem. What Now?

In the world of high fashion, pricing has become a critical issue for brands striving to maintain their market position and appeal to their customers. A recent report by HSBC indicates that products from major luxury brands now cost, on average, 54% more than they did in 2019. This dramatic increase presents a considerable challenge, […]

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