No more "PRICE INCREASE COMING FEB/MAR/APR/ETC 1ST!" Just wanted to give everyone a heads up in the States-- according to my manager and her district manager, LV is no longer doing across-the-board percentage-based price increases: they're increasing prices on a per batch item basis, meaning that popular items, or items they feel need to be more expensive for whatever reason, such as production costs, will have the costs raised on them individually. Generally, sales associates will not know about this until the day the price changes in the system.
I for one much prefer this concept and find it to be more 'fair'. I don't believe LVMH is still in the mindset of being concerned about exclusivity, especially with Ghesquiére at the creative helm; he's doing an inspired job, and the unique beauty combined with artistic savoir-faire we are seeing from the house carries a hefty price tag. Plus they've seen what's happened with Chanel's exorbitant price increases and the negative impact.
Just wanted to give you all a heads up on the information I'd picked up cheers! :tpfrox:
I for one much prefer this concept and find it to be more 'fair'. I don't believe LVMH is still in the mindset of being concerned about exclusivity, especially with Ghesquiére at the creative helm; he's doing an inspired job, and the unique beauty combined with artistic savoir-faire we are seeing from the house carries a hefty price tag. Plus they've seen what's happened with Chanel's exorbitant price increases and the negative impact.
Just wanted to give you all a heads up on the information I'd picked up cheers! :tpfrox: