Price increase

#376
doreenjoy said:
I agree, BV wants the truly affluent.

The problem is, the truly affluent fall into three rough categories (IMO):
1. celebrities
2. old money
3. wealth accrued through business

The first group will buy a lot of luxury accessories every season, because their wealth and image is derived from being "of the moment." Unfortunately for BV and other retailers, this is a fairly small group of people.

Groups 2 and 3 are generally not focused on buying more, more, more. The Old Money crowd often wants to show they are classy, not wealthy -- and classy doesn't mean buying 12k bags that look like Kurt Cobain shredded the ends with a pair of scissors. A friend of mine married into Old Money, and his inlaws spend their money building hospitals and financing them. These are the people who buy one or two Birkins or Chanels, not a wardrobe full of them. How many times have we seen Princess Mary of Denmark carry the same BV bag?

The Business Wealthy generally are focused on more than what they wear. I know the wife of one of the 20 wealthiest men in the world. She has fewer designer bags than I do, and I only have like 7. She spent three years working on building a museum. Her days are not spent leafing through Vogue or directing her personal shopper. (She does spend a lot of time in the gym, though).

Again, this is just all IMO. But the BV focus on "the affluent" seems to be a Hail Mary pass to me. Time will tell if it works.
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These price increases may be a boon to the resale market. Three of my four bags were purchased resale. Partly because they are no longer current models, but price certainly had a place in my decisions.
 
#378
PhoebeEsme said:
Am about to start buying BV's. When was the last price increase and how often do they happen? Does the SA call and let you know in advance?
TIA
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There was an increase in the spring of 2011. Was there a price increase in 2012?

I've never been called about a price increase, but my SA has mentioned it in advance when I've been in the store. Maybe it depends on your SA and your relationship with her (him).
 
#379
I received an email from my SA that there will be a price increase effective July 15th 2013.

If you are considering a purchase in the near future this might be the time to buy! :smile:
 
#385
This is what I heard. These are the iconic style increases so I don't know if only these will increase or everything will increase but the email just contained what was termed Iconic Handbags.

knot 1380 to 1450
stretch knot 1650 to 1750

medium veneta 1780 to 1870
large veneta 2250 to 2370
maxi veneta 2700 to 2850

medium campana 2200 to 2320
large campana 2680 to 2820

roma 3400 to 3570
pillow cross body 1250 to 1350
seamless shopper 3820 to 3900
mini brick 3250 to 3420
duo 2480 to 2520
disco cross body 1250 to 1350

Small leather goods as well as unisex and crocodile are increasing.
 
#387
chiisaibunny said:
This is what I heard. These are the iconic style increases so I don't know if only these will increase or everything will increase but the email just contained what was termed Iconic Handbags.

knot 1380 to 1450
stretch knot 1650 to 1750

medium veneta 1780 to 1870
large veneta 2250 to 2370
maxi veneta 2700 to 2850

medium campana 2200 to 2320
large campana 2680 to 2820

roma 3400 to 3570
pillow cross body 1250 to 1350
seamless shopper 3820 to 3900
mini brick 3250 to 3420
duo 2480 to 2520
disco cross body 1250 to 1350

Small leather goods as well as unisex and crocodile are increasing.
Click to expand...

This is the same info I received from my SA.

I am trying to decide if I "need" to buy anything before next week. I was considering the pillow cross body but I am not sure... :peace:
 
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