I for one doubt I will be buying any FP anytime soon. The styles don't really appeal, and the prices definitely don't work for me. I won't spend $500+ on a bag. No matter who makes it. It's just not worth it to me. We'll see where things sit in a year or so.
Well, clearly they're not doing good at boutiques compared to their factory outlet stores. And they clearly need to change. Some customers will only buy at outlets, some customers don't like the devaluing of the brand.
If they learn from Mulberry's mistakes, perhaps they might change the quality and not up the prices too much, not deleting styles too quickly. But I'm sure they can still compete with Michael Kors for example with factory bags that are less than $300. Perhaps their future FP will be higher quality and please the $500-1200 range consumers.