ITA that it's up to the brand to protect it's integrity, and even more to never fall blindly in love with any brand, but if they cut labor costs to that degree, I think the consumer will rightly ask them to justify the price tag. Or at least the double-digit increases that occur most every year.
Bingo! That was the piont I was TRYING to make earlier about the looseness of regulations that allow product labeling to be so sketchy as to misrepresent to the customer. There is a fine line and that is where the looseness of regulations comes into play. Don't think for a second that how tight or loose the language isn't intentional. These laws are drafted, put out for public comment period prior to the vote.
An ostrich with its head in the sand sees nothing; but the general populace is seeing changes in all realms of business these days. It is not just luxury houses that are chargine more and giving less (quality/service -- sometimes both. The epidenic is sweeping society.
A substantial amount of work for me of late has been the economy, etc. A chord was struck recently when a man stated, "the model for business is the Wal-mart model -- drop the skids and sell it." When asked if the companies could afford raises -- a resounding yes. Some may argue the affordability of raises. The only way to know is by the financials -- the profit, the debt ratio. Unless the books are cooked, the research lies in the financials. If the company is publicly traded that info is easy to access; however for the luxury houses and any other company that is not publicly traded, the populace is clueless as to profit margins, etc. I doubt Chanel and Hermes are suffering yet but no one is immune to an epidemic.