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

|By:, SA News Editor

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.