Canvas Neverfulls/Speedy B's are already at $1,600 - $1,700 Canadian with the conversion. I think they will lose a lot of their entry market if they price those bags high enough to push the Canadian conversion closer to $2,500 for their traditionally "entry level" bags. My Pochette Metis were $2,300 & $2,370 CAD before tax which were already pushing my limits for canvas, and I certainly won't pay that much or go higher than that for a Neverfull!
It would be a bad decision. One of the ways LV gets people brand loyal and to BUY the higher priced leather bags is to get them hooked on the entry level/canvas bags first. If they don't capture people early when they are buying luxury at prices they can more likely pay starting out, those people will just buy into other brands instead. It would be a rather shortsighted decision to put "exclusivity" above "brand loyalty". LV has never really been about exclusivity in the way, say Hermes is, though of course the prices make them more exclusive to some than others (because frankly, even their entry level bags are a significant amount of money for most of the population of this world....more than several years wages in some instances).
It would be a bad decision. One of the ways LV gets people brand loyal and to BUY the higher priced leather bags is to get them hooked on the entry level/canvas bags first. If they don't capture people early when they are buying luxury at prices they can more likely pay starting out, those people will just buy into other brands instead. It would be a rather shortsighted decision to put "exclusivity" above "brand loyalty". LV has never really been about exclusivity in the way, say Hermes is, though of course the prices make them more exclusive to some than others (because frankly, even their entry level bags are a significant amount of money for most of the population of this world....more than several years wages in some instances).
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