Price increase

KensingtonUK

Member
Jun 13, 2014
850
287
Just noticed the college bags that were £1450 in the U.K. A few weeks ago are now £1550. Do we know if the price increase was just the U.K. Or if it will effect US and Euro prices as well
 

Collector11

Member
Mar 18, 2015
127
116
:shocked: There was a massive price increase in Australia. The Kate tassel bag went from around $2,600 to $3,000.
 

Tropezienne

Member
Jun 11, 2016
472
708
It's a supply and demand thing... economy has taught us that high demand bring prices down but in order to maintain the luxury status including exclusivity and scarcity, demand must appear to be low to keep prices high, so up prices go. Luxury brands want us to buy bags and they also don't want us to buy bags...
 

KensingtonUK

Member
Jun 13, 2014
850
287
It's a supply and demand thing... economy has taught us that high demand bring prices down but in order to maintain the luxury status including exclusivity and scarcity, demand must appear to be low to keep prices high, so up prices go. Luxury brands want us to buy bags and they also don't want us to buy bags...
I assume it has more to do so with the weak pound/euro and strong dollar and price elasticity studies