Celine price increase

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#347
jenaywins said:
Have you been following the posts? Everyone is comparing the increases to those of Chanel. And that comparison is extremely accurate.

I'd also like to know how you think Chanel is so much less exclusive than any other brand.
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Yes, I have been following the posts, which is why I said, "What is with all these comparisons to Chanel?" I also didn't say Chanel was so much less exclusive than any other brand. I said, Chanel is far less exclusive than it once was -- and IMO, that's true. I don't believe Chanel is that prestigious of a brand and I certainly don't think it's exclusive, not any more. With ebay and resale shops and the second-hand market, just about anyone can own a Chanel handbag these days and the counterfeit market is flooded with them. It's no more exclusive than Louis Vuitton is these days. When it comes to prestige and exclusivity, I don't think Chanel is any more deserving of it than Celine
 
#348
armyofbirds said:
OK, I have to say that I don't think Phoebe is necessarily personally responsible for the prices. She probably isn't responsible for much beyond the designs and the visual image of the brand. Céline has a CEO and a board of executives, and it is owned by LVMH so it is beholden to whatever their business strategies might be. Given that LVMH also owns such brands as Fendi (which, as someone mentioned, is also experiencing price increases), Givenchy and of course Louis Vuitton, I think it's safe to say they've got plenty of experience with marketing, pricing and consumers, and they will do whatever they think is necessary to maximise profits for as long as possible. .
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Phoebe is probably not responsible for the price increase , but i think that this BRAND IS VERY VERY DEPENDING BY ITS STYLIST(CELINE also canceled fall winter catwalk show because she is expecting a baby) , nobody considered CELINE 5 YEARS AGO , when PHOEBE still worked for CHLOE
 
#350
I am beginning to get really annoyed at all the price increases that are happening to premier designer bags. It is enabling an elitist culture, which I am very sure is the main goal, and these executives are of course not stopping because they know people will continue to buy the bags no matter how high the increases are. I would hate to walk around society circles where bags are status symbols. I love designer bags but I really do not like the extreme bag snobbery it enables.
 
#354
Anna_525 said:
I am beginning to get really annoyed at all the price increases that are happening to premier designer bags. It is enabling an elitist culture, which I am very sure is the main goal, and these executives are of course not stopping because they know people will continue to buy the bags no matter how high the increases are. I would hate to walk around society circles where bags are status symbols. I love designer bags but I really do not like the extreme bag snobbery it enables.
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Well, it already is an elitist culture, technically - if it excludes massive amounts of the population from engaging in it due to high prices, it's elitist. The majority of people couldn't afford a luggage when it was $1600 or whatever. That's the reality of it.

Like other people have mentioned, Céline won't keep jacking up prices if customers stop buying and profits start to drop. Also, the main market for the vast majority of luxury brands these days is the middle class, simply because of its sheer size. So while prices keep going up, I think we can safely assume that customers are still buying despite price increases, and that those customers aren't mainly some uber-rich group but are still middle-class people who have to save up a bit longer to afford the bag they want (or use their credit card and deal with the damage later).
 
#356
iluvmybags said:
What is with all these comparisons to Chanel?
To be honest, if I were a designer, I'd want to DISTANCE myself from Chanel and certainly wouldn't want my brand constantly compared to it.

Celine has been around since the 1940's -- it is not a young company. I don't understand all these comments about it not being deserving or having a right to the same prestige that Chanel has -- what the heck? Is Chanel the God of all handbags, or what? What makes Chanel any more prestigious than any one of the other luxury brands out there. IMO, Chanel is far less exclusive than it once was and as for prestige -- I don't think its that prestigious of a brand, certainly not any more. Being compared to Chanel is no longer the compliment it once was, in fact, I think some people might consider it an insult

As for the price increases, it's not going to stop the faithful customers. If they've discovered the brand and love it, they will continue to buy it, whether the price stays the same or goes up a couple hundred bucks more. The same people who complained about the price increase 3 month ago, from $1750 to $2k and swore they were "done" are still buying bags from the brand, some making multiple purchases at the new price. It's easy to be vocal about price increases & to complain about it, but when it comes down to it, it hasn't stopped most people from buying them. And there's more to Celine than the Luggage bag -- maybe there will be fewer Luggage bags bought/sold, but maybe there will be some other new style to take its place
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Just my 2 cents..... I am an anti chanel girl, This may be irrelevant, but I don't get the Chanel hype am AT ALL..... There was a time that I yearned to own Chanel, and now that I can, I don't want to. IMO they are not even close to being as well made as a Celine bag, even despite the recent complaints of this season's bags. I don't get it. Certainly nothing special to me and not a fair comparison to Celine...as far as price increases, it will happen if we are willing to pay, and we ARE obviously willing to pay....end of story
 
#360
I got two minis in Hawaii last month and they were $2000 each (before the price increase)...

She might be talking about the dfs duty free shops which do not ship and only people with international flights leaving out of Hawaii can buy from. Although their prices would be more than $1500 for minis
 
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