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Bloomberg's Hitha Prabhakar reports (video) that luxury retailers such as TIF, COH, and RL are...

Bloomberg's Hitha Prabhakar reports (video) that luxury retailers such as TIF, COH, and RL are able to stay away from the discounting craze (I, II) sweeping over retail as high-end consumers keep paying top-dollar prices for items. If anything, the sector is looking to increase prices to keep pace with higher commodity prices and have exclusivity work in its favor.
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  • inthemoney
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    I think I am the only woman at my job who doesn't own a Coach handbag, lol. I just think it is tacky with all those "C"s all over so that everyone knows it is a Coach . I prefer discovering new upcoming designers. Their bags are much more interesting. On that note, the market is probably suturated with Coach products. I don't remember seeing as many of them 5 years ago.
    28 Dec 2011, 02:43 PM Reply Like
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