Get 2 months free with an annual subscription at
was
€65.88
now
€54.
Luxury’s problem? The price isn’t right
High-end brands have ignored the aspirational shopper. No wonder they’re in trouble
140 words~1 min read
Related reading
The luxury industry’s many contradictions
Exclusivity is not just a matter of selling some items that almost no one can afford
Why the world fell out of love with luxury
High-end retail is caught in an identity crisis. Can slighted shoppers be persuaded to start spending again?
The high street brands tapping luxury suppliers
Some mid-market brands are setting themselves apart from the competition through heritage fabrics with a high-end pedigree
Luxury blingflation creates opportunity for cheaper challengers
Second-tier brands and retailers are starting to stretch their tendrils upwards
The great Ralph Lauren revival
In a tough market for global luxury retail, the all-American company has been flying high. What’s its secret?
Luxury discounting on the rise as years of price increases bite
As much as 40% of designer goods were sold at steep markdowns this year, analysts say